Olivet Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 42022578
Mørkebjergvej 13, 5600 Faaborg

Company information

Official name
Olivet Danmark ApS
Established
2021
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-1 301.501 111.98- 821.41
EBIT-1 407.83997.58- 935.81
Net earnings-1 208.44576.46- 878.87
Shareholders equity total-1 168.44- 591.98-1 470.84
Balance sheet total (assets)7 645.5718 278.507 998.35
Net debt1 567.759 888.601 857.92
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)-1 118.91861.68- 661.78
Solvency
Equity ratio-13.3 %-3.1 %-15.5 %
Gearing-173.1 %-1799.2 %-250.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.40.8
Current ratio2.04.01.6
Cash and cash equivalents454.56761.941 828.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-6.57%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-15.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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