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Ole-Kurth Toft Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ole-Kurth Toft Holding ApS
Ole-Kurth Toft Holding ApS (CVR number: 41558415) is a company from AABENRAA. The company recorded a gross profit of -13.6 kDKK in 2024. The operating profit was -13.6 kDKK, while net earnings were 660.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 48.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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. Ole-Kurth Toft Holding ApS's liquidity measured by quick ratio was 45 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -8.00 | -8.54 | -6.88 | -10.44 | -13.63 |
| EBIT | -8.00 | -8.54 | -6.88 | -10.44 | -13.63 |
| Net earnings | 407.57 | -40.10 | 102.22 | 575.37 | 660.16 |
| Shareholders equity total | 447.57 | 407.47 | 509.69 | 1 085.07 | 1 623.23 |
| Balance sheet total (assets) | 2 538.03 | 2 547.37 | 2 703.28 | 4 067.97 | 4 131.57 |
| Net debt | -39.75 | -29.38 | -22.46 | - 513.29 | - 379.33 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.5 % | 17.9 % | 5.7 % | 18.7 % | 17.3 % |
| ROE | 91.1 % | -9.4 % | 22.3 % | 72.2 % | 48.8 % |
| ROI | 17.9 % | 31.2 % | 31.6 % | 77.4 % | 51.9 % |
| Economic value added (EVA) | -8.00 | -31.04 | -27.86 | -36.90 | -69.42 |
| Solvency | |||||
| Equity ratio | 17.6 % | 16.0 % | 18.9 % | 26.7 % | 39.3 % |
| Gearing | 2.5 % | 3.3 % | 2.3 % | 0.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 0.4 | 1.7 | 16.4 | 45.0 |
| Current ratio | 0.9 | 0.4 | 1.7 | 16.4 | 45.0 |
| Cash and cash equivalents | 39.75 | 39.43 | 39.38 | 538.52 | 379.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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