OLE SCHMIDT HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE SCHMIDT HOLDING A/S
OLE SCHMIDT HOLDING A/S (CVR number: 41535628) is a company from VEJLE. The company recorded a gross profit of -106.6 kDKK in 2024. The operating profit was -286.7 kDKK, while net earnings were 5468.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE SCHMIDT HOLDING A/S's liquidity measured by quick ratio was 13.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -67.68 | -38.43 | -53.14 | -37.39 | - 106.65 |
| EBIT | - 202.68 | - 198.43 | - 213.14 | - 197.39 | - 286.65 |
| Net earnings | 13 019.32 | - 516.05 | -65.79 | - 759.94 | 5 468.32 |
| Shareholders equity total | 67 078.44 | 56 562.40 | 56 496.60 | 55 736.66 | 61 204.98 |
| Balance sheet total (assets) | 77 053.12 | 70 558.19 | 64 296.82 | 60 747.61 | 64 979.31 |
| Net debt | -53 029.39 | -37 162.61 | -36 411.77 | -38 863.22 | -45 564.40 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 21.0 % | 8.9 % | 1.8 % | 0.8 % | 11.7 % |
| ROE | 19.9 % | -0.8 % | -0.1 % | -1.4 % | 9.4 % |
| ROI | 21.4 % | 9.0 % | 1.8 % | 0.8 % | 11.8 % |
| Economic value added (EVA) | -3 990.42 | -3 907.52 | -3 770.89 | -3 384.78 | -3 270.49 |
| Solvency | |||||
| Equity ratio | 87.1 % | 80.2 % | 87.9 % | 91.8 % | 94.2 % |
| Gearing | 11.4 % | 24.7 % | 13.7 % | 8.9 % | 5.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.3 | 3.8 | 5.9 | 9.4 | 13.6 |
| Current ratio | 6.3 | 3.8 | 5.9 | 9.4 | 13.6 |
| Cash and cash equivalents | 60 695.66 | 51 105.60 | 44 150.86 | 43 812.52 | 48 715.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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