L. ØLAND VENTILATION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About L. ØLAND VENTILATION A/S
L. ØLAND VENTILATION A/S (CVR number: 60994013) is a company from BRØNDBY. The company recorded a gross profit of 121.4 mDKK in 2024. The operating profit was 10.3 mDKK, while net earnings were 1899 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, 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 25.8 %, 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. L. ØLAND VENTILATION A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 73 851.00 | 95 386.00 | 109 837.00 | 128 426.00 | 121 387.00 |
EBIT | 13 393.00 | 6 941.00 | 12 584.00 | 19 515.00 | 10 281.00 |
Net earnings | 7 583.00 | 10 150.00 | 8 086.00 | 14 843.00 | 1 899.00 |
Shareholders equity total | 44 587.00 | 48 932.00 | 57 018.00 | 56 862.00 | 43 761.00 |
Balance sheet total (assets) | 108 330.00 | 152 963.00 | 167 815.00 | 170 079.00 | 169 810.00 |
Net debt | 23 624.00 | 37 020.00 | 52 993.00 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 12.6 % | 5.3 % | 8.0 % | 11.6 % | 6.1 % |
ROE | 16.1 % | 21.7 % | 15.3 % | 26.1 % | 3.8 % |
ROI | 12.6 % | 5.3 % | 10.9 % | 22.4 % | 10.9 % |
Economic value added (EVA) | 10 908.79 | 4 700.50 | 5 876.21 | 12 297.44 | 2 576.81 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 34.0 % | 33.4 % | 25.8 % |
Gearing | 41.4 % | 65.1 % | 121.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 0.6 | ||
Current ratio | 1.2 | 1.2 | 1.1 | ||
Cash and cash equivalents | 3.00 | 2.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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