OLE HOLDING, AALBORG ApS — Credit Rating and Financial Key Figures

OLE HOLDING, AALBORG ApS (CVR number: 30738047) is a company from AALBORG. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a growth of 16.6 % compared to the previous year. The operating profit percentage was at 99 % (EBIT: 1.5 mDKK), while net earnings were 1492.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.7 %, which can be considered excellent and Return on Equity (ROE) was 38.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE HOLDING, AALBORG ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.