OLE TOFT-HANSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE TOFT-HANSEN HOLDING ApS
OLE TOFT-HANSEN HOLDING ApS (CVR number: 29389020) is a company from HJØRRING. The company recorded a gross profit of -69.3 kDKK in 2023. The operating profit was -826.4 kDKK, while net earnings were 5135.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE TOFT-HANSEN HOLDING ApS's liquidity measured by quick ratio was 36.9 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 | -16.93 | -3.87 | -50.83 | -46.70 | -69.33 |
EBIT | -16.93 | -3.87 | -1 002.23 | - 108.13 | - 826.40 |
Net earnings | 146.95 | 7 119.08 | 2 078.90 | 3 550.95 | 5 135.37 |
Shareholders equity total | 55 843.45 | 62 962.53 | 65 041.43 | 68 592.38 | 83 263.77 |
Balance sheet total (assets) | 59 724.51 | 70 716.03 | 73 803.49 | 78 202.73 | 85 017.15 |
Net debt | -51 554.59 | -56 351.83 | -47 110.41 | -53 520.92 | -63 202.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.9 % | 14.3 % | 2.9 % | 6.5 % | 8.8 % |
ROE | 0.3 % | 12.0 % | 3.2 % | 5.3 % | 6.8 % |
ROI | 1.9 % | 14.9 % | 2.9 % | 6.5 % | 8.9 % |
Economic value added (EVA) | - 384.94 | - 218.53 | - 750.65 | - 345.21 | - 720.17 |
Solvency | |||||
Equity ratio | 93.5 % | 89.0 % | 88.1 % | 87.7 % | 97.9 % |
Gearing | 9.3 % | 13.4 % | 13.8 % | 0.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.3 | 8.0 | 6.8 | 6.6 | 36.9 |
Current ratio | 13.3 | 8.0 | 6.8 | 6.6 | 36.9 |
Cash and cash equivalents | 51 554.59 | 62 216.73 | 55 847.47 | 63 020.32 | 63 685.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AAA | AA | AAA |
Variable visualization
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