P. OLESEN OG SØNNER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About P. OLESEN OG SØNNER A/S
P. OLESEN OG SØNNER A/S (CVR number: 14345140) is a company from HORSENS. The company reported a net sales of 388.3 mDKK in 2023, demonstrating a decline of -6.5 % compared to the previous year. The operating profit percentage was at 0.1 % (EBIT: 0.4 mDKK), while net earnings were 449.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. P. OLESEN OG SØNNER A/S's liquidity measured by quick ratio was 2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 360.50 | 444.95 | 446.51 | 415.18 | 388.27 |
Gross profit | 136.41 | 169.08 | 159.97 | 121.84 | 102.04 |
EBIT | 30.02 | 38.46 | 33.97 | 24.35 | 0.44 |
Net earnings | 20.19 | 30.55 | 25.81 | 20.03 | 0.45 |
Shareholders equity total | 82.70 | 93.34 | 79.28 | 99.44 | 52.89 |
Balance sheet total (assets) | 234.84 | 253.63 | 248.59 | 202.25 | 127.26 |
Net debt | 5.01 | 6.71 | |||
Profitability | |||||
EBIT-% | 8.3 % | 8.6 % | 7.6 % | 5.9 % | 0.1 % |
ROA | 12.7 % | 15.7 % | 13.5 % | 11.6 % | 1.1 % |
ROE | 24.5 % | 34.7 % | 29.9 % | 22.4 % | 0.6 % |
ROI | 14.9 % | 15.7 % | 13.5 % | 13.8 % | 1.6 % |
Economic value added (EVA) | 26.21 | 34.31 | 29.28 | 15.00 | -3.01 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 50.6 % | 41.6 % |
Gearing | 9.4 % | 17.6 % | |||
Relative net indebtedness % | 19.1 % | 14.4 % | |||
Liquidity | |||||
Quick ratio | 2.2 | 2.0 | |||
Current ratio | 2.0 | 2.0 | |||
Cash and cash equivalents | 4.31 | 2.57 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 91.8 | 70.1 | |||
Net working capital % | 18.1 % | 12.8 % | |||
Credit risk | |||||
Credit rating | A | A | A | AA | A |
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