OLA Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLA Holding ApS
OLA Holding ApS (CVR number: 41483679K) is a company from AARHUS. The company reported a net sales of 408.6 mDKK in 2023, demonstrating a decline of -10.3 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 10 mDKK), while net earnings were 7277.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 113.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. OLA Holding ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 346.04 | 409.77 | 455.46 | 408.63 |
Gross profit | 192.74 | 209.91 | 221.32 | 216.29 |
EBIT | 13.06 | 4.32 | 5.09 | 10.00 |
Net earnings | 9.11 | 4.47 | -0.42 | 7.28 |
Shareholders equity total | 84.22 | 83.10 | 79.60 | 85.33 |
Balance sheet total (assets) | 223.59 | 226.43 | 204.67 | 217.55 |
Net debt | 11.85 | 25.65 | 33.20 | 32.89 |
Profitability | ||||
EBIT-% | 3.8 % | 1.1 % | 1.1 % | 2.4 % |
ROA | 6.1 % | 3.1 % | 2.7 % | 6.2 % |
ROE | 78.8 % | 43.0 % | -5.3 % | 113.2 % |
ROI | 9.4 % | 4.7 % | 3.9 % | 9.1 % |
Economic value added (EVA) | 10.63 | -1.18 | -0.81 | 2.72 |
Solvency | ||||
Equity ratio | 37.7 % | 36.7 % | 39.1 % | 39.3 % |
Gearing | 60.7 % | 76.8 % | 69.6 % | 60.0 % |
Relative net indebtedness % | 26.6 % | 23.7 % | 20.7 % | 25.7 % |
Liquidity | ||||
Quick ratio | 1.5 | 1.4 | 1.4 | 1.3 |
Current ratio | 1.5 | 1.4 | 1.4 | 1.3 |
Cash and cash equivalents | 39.26 | 38.21 | 22.18 | 18.33 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 47.6 | 61.6 | 50.7 | 64.3 |
Net working capital % | 10.0 % | 0.1 % | 0.8 % | 2.3 % |
Credit risk | ||||
Credit rating | AA | AA | A | AA |
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