Olivet Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Olivet Danmark ApS
Olivet Danmark ApS (CVR number: 42022578) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -821.4 kDKK in 2023. The operating profit was -935.8 kDKK, while net earnings were -878.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -6.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Olivet Danmark ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -1 301.50 | 1 111.98 | - 821.41 |
EBIT | -1 407.83 | 997.58 | - 935.81 |
Net earnings | -1 208.44 | 576.46 | - 878.87 |
Shareholders equity total | -1 168.44 | - 591.98 | -1 470.84 |
Balance sheet total (assets) | 7 645.57 | 18 278.50 | 7 998.35 |
Net debt | 1 567.75 | 9 888.60 | 1 857.92 |
Profitability | |||
EBIT-% | |||
ROA | -16.0 % | 7.2 % | -6.6 % |
ROE | -15.8 % | 4.4 % | -6.7 % |
ROI | -24.3 % | 9.9 % | -8.5 % |
Economic value added (EVA) | -1 118.91 | 861.68 | - 661.78 |
Solvency | |||
Equity ratio | -13.3 % | -3.1 % | -15.5 % |
Gearing | -173.1 % | -1799.2 % | -250.6 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.4 | 1.4 | 0.8 |
Current ratio | 2.0 | 4.0 | 1.6 |
Cash and cash equivalents | 454.56 | 761.94 | 1 828.22 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BBB | BB |
Variable visualization
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