Olafar Aps — Credit Rating and Financial Key Figures

CVR number: 32274625
Løjtnantvænget 3, 3520 Farum
o_hedegaard@outlook.dk
tel: 40956530

Credit rating

Company information

Official name
Olafar Aps
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About Olafar Aps

Olafar Aps (CVR number: 32274625) is a company from FURESØ. The company recorded a gross profit of -56.9 kDKK in 2023. The operating profit was -56.9 kDKK, while net earnings were -12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Olafar Aps's liquidity measured by quick ratio was 16.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit591.51-61.68-65.22-53.68-56.86
EBIT287.30- 164.41-65.22-53.68-56.86
Net earnings231.28-98.81-25.18-10.64-12.69
Shareholders equity total1 878.621 724.511 604.321 503.681 490.99
Balance sheet total (assets)2 035.391 758.361 634.321 535.681 524.99
Net debt-1 373.94- 539.20- 415.82- 340.06- 359.34
Profitability
EBIT-%
ROA10.1 %-4.7 %-1.2 %-0.5 %-0.8 %
ROE12.9 %-5.5 %-1.5 %-0.7 %-0.8 %
ROI17.0 %-4.9 %-1.2 %-0.6 %-0.8 %
Economic value added (EVA)299.18- 189.72- 124.72- 113.41- 115.34
Solvency
Equity ratio92.3 %98.1 %98.2 %97.9 %97.8 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio10.022.421.117.016.6
Current ratio10.022.421.117.016.6
Cash and cash equivalents1 375.04540.30415.82340.06359.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.83%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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