Olesen Holding, Herning ApS — Credit Rating and Financial Key Figures

CVR number: 37548898
Bytoftvænget 7, Tjørring 7400 Herning
h-olesen@mail.dk

Company information

Official name
Olesen Holding, Herning ApS
Established
2016
Domicile
Tjørring
Company form
Private limited company
Industry

About Olesen Holding, Herning ApS

Olesen Holding, Herning ApS (CVR number: 37548898) is a company from HERNING. The company reported a net sales of 0 mDKK in 2024, demonstrating a growth of 14.7 % compared to the previous year. The operating profit percentage was at 63.1 % (EBIT: 0 mDKK), while net earnings were 920.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 17.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Olesen Holding, Herning ApS's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales945.0026.0034.0041.0047.04
Gross profit931.00-6.008.0024.0029.67
EBIT931.00-6.008.0024.0029.67
Net earnings1 273.00525.00-1 011.00409.00920.41
Shareholders equity total5 156.005 568.004 443.004 734.005 532.04
Balance sheet total (assets)7 620.008 056.006 974.007 376.008 328.82
Net debt-3 978.00-4 264.00-2 798.00-3 294.00-4 297.88
Profitability
EBIT-%98.5 %-23.1 %23.5 %58.5 %63.1 %
ROA23.0 %10.8 %8.0 %8.8 %16.3 %
ROE25.1 %9.8 %-20.2 %8.9 %17.9 %
ROI23.5 %10.9 %8.1 %8.8 %16.4 %
Economic value added (EVA)864.14101.25109.26107.83130.31
Solvency
Equity ratio67.7 %69.1 %63.7 %64.2 %66.4 %
Gearing45.6 %43.9 %56.6 %55.6 %50.4 %
Relative net indebtedness %-409.1 %-16226.9 %-8182.4 %-8007.3 %-9113.3 %
Liquidity
Quick ratio2.72.92.42.42.6
Current ratio2.72.92.42.42.6
Cash and cash equivalents6 330.006 707.005 313.005 925.007 083.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-217.2 %-7734.6 %-4697.1 %-4551.2 %-4794.9 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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