OLLINGS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLLINGS ApS
OLLINGS ApS (CVR number: 29690138) is a company from FREDERICIA. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 115.8 % compared to the previous year. The operating profit percentage was at 68.7 % (EBIT: 0.1 mDKK), while net earnings were 109.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45 %, which can be considered excellent and Return on Equity (ROE) was 50.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. OLLINGS ApS's liquidity measured by quick ratio was 4.5 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 96.06 | 92.14 | 112.87 | 75.41 | 162.74 |
Gross profit | 57.51 | 54.07 | 52.88 | -90.65 | 111.85 |
EBIT | 57.51 | 54.07 | 52.88 | -90.65 | 111.85 |
Net earnings | 44.86 | 52.11 | 52.74 | -90.24 | 109.94 |
Shareholders equity total | 397.79 | 438.43 | 366.57 | 219.83 | 216.77 |
Balance sheet total (assets) | 418.25 | 465.31 | 394.19 | 234.14 | 279.45 |
Net debt | - 388.23 | - 427.19 | - 360.61 | - 228.14 | - 279.45 |
Profitability | |||||
EBIT-% | 59.9 % | 58.7 % | 46.8 % | -120.2 % | 68.7 % |
ROA | 14.1 % | 11.8 % | 12.3 % | -28.7 % | 45.0 % |
ROE | 11.7 % | 12.5 % | 13.1 % | -30.8 % | 50.4 % |
ROI | 14.9 % | 12.5 % | 13.1 % | -30.8 % | 52.9 % |
Economic value added (EVA) | 54.90 | 53.59 | 52.31 | -90.95 | 106.89 |
Solvency | |||||
Equity ratio | 95.1 % | 94.2 % | 93.0 % | 93.9 % | 77.6 % |
Gearing | |||||
Relative net indebtedness % | -382.9 % | -434.4 % | -295.0 % | -283.6 % | -133.2 % |
Liquidity | |||||
Quick ratio | 53.5 | 17.3 | 14.3 | 16.4 | 4.5 |
Current ratio | 53.5 | 17.3 | 14.3 | 16.4 | 4.5 |
Cash and cash equivalents | 388.23 | 427.19 | 360.61 | 228.14 | 279.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 114.1 | 151.0 | 108.6 | ||
Net working capital % | 427.3 % | 475.8 % | 324.8 % | 291.5 % | 133.2 % |
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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