JOAN OLSEN´S MINIBUS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOAN OLSEN´S MINIBUS ApS
JOAN OLSEN´S MINIBUS ApS (CVR number: 33059175) is a company from TÅRNBY. The company recorded a gross profit of -18.7 kDKK in 2024. The operating profit was -18.7 kDKK, while net earnings were -154.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was -18.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JOAN OLSEN´S MINIBUS ApS's liquidity measured by quick ratio was 5.6 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 | -21.00 | -15.00 | -23.00 | -21.00 | -18.69 |
EBIT | -21.00 | -15.00 | -23.00 | -21.00 | -18.69 |
Net earnings | 513.00 | 301.00 | -1 206.00 | -1 778.00 | - 154.39 |
Shareholders equity total | 4 145.00 | 4 388.00 | 3 092.00 | 1 223.00 | 468.39 |
Balance sheet total (assets) | 4 156.00 | 4 400.00 | 3 106.00 | 1 240.00 | 486.29 |
Net debt | - 702.00 | - 946.00 | - 828.00 | - 719.00 | - 100.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.1 % | 7.2 % | 30.7 % | 79.9 % | 13.6 % |
ROE | 12.1 % | 7.1 % | -32.2 % | -82.4 % | -18.3 % |
ROI | 12.1 % | 7.2 % | -32.1 % | -82.4 % | -18.3 % |
Economic value added (EVA) | - 193.96 | - 188.01 | - 195.96 | - 134.77 | -44.01 |
Solvency | |||||
Equity ratio | 99.7 % | 99.7 % | 99.5 % | 98.6 % | 96.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 63.8 | 78.8 | 59.1 | 42.3 | 5.6 |
Current ratio | 63.8 | 78.8 | 59.1 | 42.3 | 5.6 |
Cash and cash equivalents | 702.00 | 946.00 | 828.00 | 719.00 | 100.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BB | BB |
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