UNION OILTECH EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 34902232
Håndværkervænget 4 B, Tved 5700 Svendborg

Credit rating

Company information

Official name
UNION OILTECH EJENDOMME ApS
Personnel
3 persons
Established
2013
Domicile
Tved
Company form
Private limited company
Industry

About UNION OILTECH EJENDOMME ApS

UNION OILTECH EJENDOMME ApS (CVR number: 34902232) is a company from SVENDBORG. The company recorded a gross profit of 1241.2 kDKK in 2023. The operating profit was 703.7 kDKK, while net earnings were 128.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 8.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. UNION OILTECH EJENDOMME 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.

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 profit418.00707.85731.321 391.641 241.22
EBIT179.03459.33451.51973.27703.72
Net earnings-3.77188.01150.25557.83128.51
Shareholders equity total162.98350.99501.231 059.061 187.57
Balance sheet total (assets)8 476.8610 972.8211 088.7413 699.2013 761.26
Net debt7 539.498 664.568 974.7411 066.1111 416.07
Profitability
EBIT-%
ROA2.2 %4.7 %4.1 %7.9 %5.1 %
ROE-2.3 %73.2 %35.3 %71.5 %11.4 %
ROI2.3 %4.9 %4.3 %8.1 %5.2 %
Economic value added (EVA)-72.62114.1047.20471.94193.85
Solvency
Equity ratio1.9 %3.2 %4.5 %7.7 %8.6 %
Gearing4806.9 %2875.5 %2002.7 %1135.6 %1003.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.30.20.1
Current ratio0.20.40.30.20.1
Cash and cash equivalents294.631 428.001 063.57960.64497.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:5.13%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.63%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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