OLE GRØNKJÆR HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE GRØNKJÆR HOLDING ApS
OLE GRØNKJÆR HOLDING ApS (CVR number: 26665299) is a company from HVIDOVRE. The company recorded a gross profit of -14.7 kDKK in 2023. The operating profit was -14.7 kDKK, while net earnings were 9365 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.1 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE GRØNKJÆR HOLDING ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -11.59 | -12.86 | -13.31 | -13.38 | -14.71 |
| EBIT | -11.59 | -12.86 | -13.31 | -13.38 | -14.71 |
| Net earnings | 1 966.12 | 1 743.95 | 6 649.76 | 5 640.76 | 9 365.03 |
| Shareholders equity total | 20 783.13 | 22 416.48 | 28 953.24 | 34 479.61 | 42 844.64 |
| Balance sheet total (assets) | 22 723.10 | 26 229.69 | 34 254.00 | 38 616.93 | 46 972.53 |
| Net debt | -5 665.64 | -5 899.61 | -14 846.55 | -18 457.06 | -28 388.15 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.8 % | 8.0 % | 27.0 % | 18.0 % | 27.1 % |
| ROE | 9.9 % | 8.1 % | 25.9 % | 17.8 % | 24.2 % |
| ROI | 10.9 % | 8.1 % | 28.0 % | 18.7 % | 27.6 % |
| Economic value added (EVA) | -1 004.98 | -1 139.68 | -1 319.30 | -1 641.46 | -1 894.74 |
| Solvency | |||||
| Equity ratio | 91.5 % | 85.5 % | 84.5 % | 89.3 % | 91.2 % |
| Gearing | 8.2 % | 16.2 % | 12.1 % | 8.7 % | 8.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.9 | 2.6 | 3.6 | 5.4 | 8.0 |
| Current ratio | 3.9 | 2.6 | 3.6 | 5.4 | 8.0 |
| Cash and cash equivalents | 7 363.25 | 9 531.93 | 18 351.55 | 21 455.71 | 32 155.72 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | A | A | A |
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