FRANK OLESEN ApS — Credit Rating and Financial Key Figures

CVR number: 29813264
Birkevej 23, 7700 Thisted
frank@frankolesen.dk
www.frankolesen.dk
Free credit report Annual report

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 -80.3 kDKK in 2024. The operating profit was -180.4 kDKK, while net earnings were -186.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.7 %, which can be considered poor and Return on Equity (ROE) was -28.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.4 %, 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 3.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7.86-97.80- 184.06- 200.44-80.29
EBIT3.01- 136.35696.59- 240.99- 180.41
Net earnings-23.90-83.35691.43- 297.19- 186.84
Shareholders equity total642.38502.541 136.76780.68532.84
Balance sheet total (assets)655.60545.931 184.87795.07609.96
Net debt4.19-16.49- 620.753.0168.84
Profitability
EBIT-%
ROA-2.7 %-13.8 %189.3 %-28.2 %-25.7 %
ROE-3.6 %-14.6 %84.4 %-31.0 %-28.4 %
ROI-2.7 %-14.1 %195.1 %-28.8 %-25.9 %
Economic value added (EVA)-31.15- 168.84670.01- 298.82- 220.09
Solvency
Equity ratio98.0 %92.1 %95.9 %98.2 %87.4 %
Gearing0.7 %5.3 %1.2 %1.2 %12.9 %
Relative net indebtedness %
Liquidity
Quick ratio9.31.620.014.83.7
Current ratio9.31.620.014.83.7
Cash and cash equivalents43.01634.776.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-25.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.4%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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