OJ PLUSVARME ApS — Credit Rating and Financial Key Figures

CVR number: 32787282
Pilevej 19, Hammershøj 8830 Tjele
ole@ojplusvarme.dk
tel: 86451748

Company information

Official name
OJ PLUSVARME ApS
Personnel
2 persons
Established
2010
Domicile
Hammershøj
Company form
Private limited company
Industry

About OJ PLUSVARME ApS

OJ PLUSVARME ApS (CVR number: 32787282) is a company from VIBORG. The company recorded a gross profit of 1311.6 kDKK in 2024. The operating profit was 123 kDKK, while net earnings were 72.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 32.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. OJ PLUSVARME ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit976.551 346.522 159.991 920.251 311.57
EBIT177.94126.83577.56242.27123.01
Net earnings114.3973.39424.33162.9172.06
Shareholders equity total503.92577.311 001.641 164.55736.61
Balance sheet total (assets)2 027.642 488.182 398.692 372.792 250.54
Net debt718.31825.59361.63- 285.44-8.51
Profitability
EBIT-%
ROA10.1 %6.0 %24.0 %10.3 %5.5 %
ROE25.6 %13.6 %53.7 %15.0 %7.6 %
ROI13.2 %8.9 %37.8 %15.8 %9.0 %
Economic value added (EVA)144.2787.81427.31149.5368.38
Solvency
Equity ratio24.9 %23.2 %41.8 %49.1 %32.7 %
Gearing199.6 %163.5 %58.0 %28.6 %72.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.31.51.1
Current ratio1.21.21.51.81.4
Cash and cash equivalents287.50118.21219.45618.45540.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:5.50%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.7%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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