VOGNMAND MARTIN OLESEN V / OLAV OLESEN ApS — Credit Rating and Financial Key Figures

CVR number: 31575273
Gellerupvej 26 B, 6800 Varde
mail@martinolesen.dk
tel: 40331680
www.martinolesen.dk

Credit rating

Company information

Official name
VOGNMAND MARTIN OLESEN V / OLAV OLESEN ApS
Personnel
2 persons
Established
2008
Company form
Private limited company
Industry

About VOGNMAND MARTIN OLESEN V / OLAV OLESEN ApS

VOGNMAND MARTIN OLESEN V / OLAV OLESEN ApS (CVR number: 31575273) is a company from VARDE. The company recorded a gross profit of 309.1 kDKK in 2023. The operating profit was -17.8 kDKK, while net earnings were -8.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VOGNMAND MARTIN OLESEN V / OLAV OLESEN ApS's liquidity measured by quick ratio was 4.4 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 profit929.29698.64561.75237.23309.08
EBIT31.56120.5184.65- 159.33-17.84
Net earnings15.7186.1873.30- 120.32-8.08
Shareholders equity total841.58927.771 001.07880.75872.67
Balance sheet total (assets)1 638.711 481.211 345.011 148.641 073.87
Net debt388.80- 147.60- 124.66107.22-35.35
Profitability
EBIT-%
ROA3.0 %8.6 %6.9 %-11.7 %-0.0 %
ROE1.9 %9.7 %7.6 %-12.8 %-0.9 %
ROI3.8 %11.7 %9.3 %-13.4 %-0.0 %
Economic value added (EVA)-18.0156.6925.98- 167.94-57.13
Solvency
Equity ratio51.4 %62.6 %74.4 %76.7 %81.3 %
Gearing47.9 %0.7 %0.8 %14.5 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.03.33.24.4
Current ratio1.52.03.33.24.4
Cash and cash equivalents14.14154.23132.1720.8538.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:-0.03%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.3%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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