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 -37.4 kDKK in 2023. The operating profit was -197.4 kDKK, while net earnings were -759.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.8 %, 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 9.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -93.82 | -67.68 | -38.43 | -53.14 | -37.39 |
EBIT | - 183.82 | - 202.68 | - 198.43 | - 213.14 | - 197.39 |
Net earnings | 4 472.55 | 13 019.32 | - 516.05 | -65.79 | - 759.94 |
Shareholders equity total | 64 059.13 | 67 078.44 | 56 562.40 | 56 496.60 | 55 736.66 |
Balance sheet total (assets) | 76 908.77 | 77 053.12 | 70 558.19 | 64 296.82 | 60 747.61 |
Net debt | -54 497.93 | -53 029.39 | -37 162.61 | -36 411.77 | -38 863.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.1 % | 21.0 % | 8.9 % | 1.8 % | 0.8 % |
ROE | 6.2 % | 19.9 % | -0.8 % | -0.1 % | -1.4 % |
ROI | 7.2 % | 21.4 % | 9.0 % | 1.8 % | 0.8 % |
Economic value added (EVA) | - 174.13 | 692.86 | 518.38 | 597.92 | 226.13 |
Solvency | |||||
Equity ratio | 83.3 % | 87.1 % | 80.2 % | 87.9 % | 91.8 % |
Gearing | 19.0 % | 11.4 % | 24.7 % | 13.7 % | 8.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.2 | 6.3 | 3.8 | 5.9 | 9.4 |
Current ratio | 5.2 | 6.3 | 3.8 | 5.9 | 9.4 |
Cash and cash equivalents | 66 681.26 | 60 695.66 | 51 105.60 | 44 150.86 | 43 812.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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