FRANK OLESEN ApS — Credit Rating and Financial Key Figures

CVR number: 29813264
Birkevej 23, 7700 Thisted
frank@frankolesen.dk
www.frankolesen.dk

Company information

Official name
FRANK OLESEN ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About FRANK OLESEN ApS

FRANK OLESEN ApS (CVR number: 29813264) is a company from THISTED. The company recorded a gross profit of -200.4 kDKK in 2023. The operating profit was -298.9 kDKK, while net earnings were -297.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34 %, which can be considered poor and Return on Equity (ROE) was -31 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANK OLESEN ApS's liquidity measured by quick ratio was 14.8 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-49.337.86-97.80- 184.06- 200.44
EBIT- 154.953.01- 136.35696.59- 298.92
Net earnings- 275.36-23.90-83.35691.43- 297.19
Shareholders equity total675.09642.38502.541 136.76780.68
Balance sheet total (assets)689.90655.60545.931 184.87795.07
Net debt- 164.484.19-16.49- 620.753.01
Profitability
EBIT-%
ROA-30.2 %-2.7 %-13.8 %189.3 %-34.0 %
ROE-32.8 %-3.6 %-14.6 %84.4 %-31.0 %
ROI-30.6 %-2.7 %-14.1 %195.1 %-34.7 %
Economic value added (EVA)- 159.121.62- 146.76697.44- 322.13
Solvency
Equity ratio97.9 %98.0 %92.1 %95.9 %98.2 %
Gearing0.7 %0.7 %5.3 %1.2 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio14.39.31.620.014.8
Current ratio14.39.31.620.014.8
Cash and cash equivalents169.3043.01634.776.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-34.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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