OLE GRØNKJÆR ApS — Credit Rating and Financial Key Figures

CVR number: 14600892
Avedøreholmen 74, 2650 Hvidovre

Company information

Official name
OLE GRØNKJÆR ApS
Personnel
14 persons
Established
1990
Company form
Private limited company
Industry

About OLE GRØNKJÆR ApS

OLE GRØNKJÆR ApS (CVR number: 14600892) is a company from HVIDOVRE. The company recorded a gross profit of 12.3 mDKK in 2023. The operating profit was 2757.7 kDKK, while net earnings were 2311 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 20.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OLE GRØNKJÆR ApS's liquidity measured by quick ratio was 2.6 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 profit11 077.8510 421.6812 167.5013 324.6912 310.63
EBIT1 473.981 518.912 678.253 586.912 757.71
Net earnings1 185.571 245.692 145.562 903.782 310.98
Shareholders equity total10 994.0012 239.6911 385.2412 289.0310 100.01
Balance sheet total (assets)13 741.1915 907.8314 976.7417 502.1514 305.26
Net debt-2 026.25- 823.60-2 496.76-6 485.76-5 163.81
Profitability
EBIT-%
ROA11.5 %10.8 %18.0 %23.1 %18.7 %
ROE11.4 %10.7 %18.2 %24.5 %20.6 %
ROI14.5 %13.1 %22.1 %30.8 %26.5 %
Economic value added (EVA)651.03628.031 433.672 194.591 534.81
Solvency
Equity ratio80.0 %76.9 %76.0 %70.2 %70.6 %
Gearing4.9 %5.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.02.42.22.6
Current ratio2.62.02.42.22.6
Cash and cash equivalents2 026.251 423.293 103.206 485.765 163.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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