OLE'S OLIE A/S — Credit Rating and Financial Key Figures

CVR number: 33771657
Damhusvej 16, 5750 Ringe
olesolie@oles-olie.dk
tel: 62624948

Company information

Official name
OLE'S OLIE A/S
Personnel
4 persons
Established
2011
Company form
Limited company
Industry

About OLE'S OLIE A/S

OLE'S OLIE A/S (CVR number: 33771657) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 11 mDKK in 2023. The operating profit was 5907.2 kDKK, while net earnings were 4653.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.6 %, which can be considered excellent and Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OLE'S OLIE A/S's liquidity measured by quick ratio was 2.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 460.008 327.0012 939.0010 503.0010 971.36
EBIT4 114.003 529.007 753.005 670.005 907.22
Net earnings3 139.002 071.005 649.005 147.004 653.13
Shareholders equity total13 108.0013 639.0016 538.0016 684.0018 237.50
Balance sheet total (assets)19 835.0020 883.0025 517.0023 523.0025 666.14
Net debt-1 465.001 920.00- 340.00513.002 058.17
Profitability
EBIT-%
ROA23.5 %17.6 %33.4 %27.5 %24.6 %
ROE25.5 %15.5 %37.4 %31.0 %26.6 %
ROI32.1 %22.4 %44.0 %36.9 %31.0 %
Economic value added (EVA)2 802.842 168.585 324.953 617.263 816.76
Solvency
Equity ratio66.1 %65.3 %64.8 %70.9 %71.1 %
Gearing15.4 %22.6 %11.1 %8.5 %15.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.02.01.72.4
Current ratio2.62.42.42.23.0
Cash and cash equivalents3 480.001 165.002 170.00909.00712.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:24.6%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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