OLLINGS ApS — Credit Rating and Financial Key Figures

CVR number: 29690138
Fælledvej 53, 7000 Fredericia
jo@ollings.dk
tel: 26274397

Company information

Official name
OLLINGS ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales96.0692.14112.8775.41162.74
Gross profit57.5154.0752.88-90.65111.85
EBIT57.5154.0752.88-90.65111.85
Net earnings44.8652.1152.74-90.24109.94
Shareholders equity total397.79438.43366.57219.83216.77
Balance sheet total (assets)418.25465.31394.19234.14279.45
Net debt- 388.23- 427.19- 360.61- 228.14- 279.45
Profitability
EBIT-%59.9 %58.7 %46.8 %-120.2 %68.7 %
ROA14.1 %11.8 %12.3 %-28.7 %45.0 %
ROE11.7 %12.5 %13.1 %-30.8 %50.4 %
ROI14.9 %12.5 %13.1 %-30.8 %52.9 %
Economic value added (EVA)54.9053.5952.31-90.95106.89
Solvency
Equity ratio95.1 %94.2 %93.0 %93.9 %77.6 %
Gearing
Relative net indebtedness %-382.9 %-434.4 %-295.0 %-283.6 %-133.2 %
Liquidity
Quick ratio53.517.314.316.44.5
Current ratio53.517.314.316.44.5
Cash and cash equivalents388.23427.19360.61228.14279.45
Capital use efficiency
Trade debtors turnover (days)114.1151.0108.6
Net working capital %427.3 %475.8 %324.8 %291.5 %133.2 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:45.0%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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