FRANK OLSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28852835
Sorø Landevej 125, Båslunde 4230 Skælskør

Company information

Official name
FRANK OLSEN HOLDING ApS
Established
2005
Domicile
Båslunde
Company form
Private limited company
Industry

About FRANK OLSEN HOLDING ApS

FRANK OLSEN HOLDING ApS (CVR number: 28852835) is a company from SLAGELSE. The company recorded a gross profit of -23.7 kDKK in 2023. The operating profit was -23.7 kDKK, while net earnings were 594.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANK OLSEN HOLDING ApS's liquidity measured by quick ratio was 36.8 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 profit-26.63-10.57-84.21-24.89-23.71
EBIT-26.63-10.57-84.21-24.89-23.71
Net earnings328.83972.66- 498.06558.85594.73
Shareholders equity total14 724.3615 641.7215 087.1615 588.8116 122.53
Balance sheet total (assets)15 182.3716 404.1515 898.8215 897.5516 960.81
Net debt-6 908.27-8 311.77-7 176.30-7 448.54-8 101.82
Profitability
EBIT-%
ROA3.9 %8.0 %3.2 %4.5 %4.8 %
ROE3.1 %6.4 %-3.2 %3.6 %3.8 %
ROI4.0 %8.2 %3.4 %4.6 %4.8 %
Economic value added (EVA)-66.84- 148.85- 177.89- 158.13- 168.28
Solvency
Equity ratio97.0 %95.4 %94.9 %98.1 %95.1 %
Gearing1.0 %1.5 %1.9 %1.9 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio45.028.714.736.736.8
Current ratio45.028.714.736.736.8
Cash and cash equivalents7 059.478 543.377 456.607 737.238 399.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.75%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.1%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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