OLSEN & PARTNERE ApS — Credit Rating and Financial Key Figures

CVR number: 34055327
Torvet 6, 7400 Herning
service@ejmidtjylland.dk
tel: 30200595
ejendomsselskabetmidtjylland.dk

Credit rating

Company information

Official name
OLSEN & PARTNERE ApS
Established
2011
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About OLSEN & PARTNERE ApS

OLSEN & PARTNERE ApS (CVR number: 34055327) is a company from HERNING. The company recorded a gross profit of 2144.5 kDKK in 2023. The operating profit was 2268.2 kDKK, while net earnings were 1673.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. OLSEN & PARTNERE ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 054.702 083.622 095.662 096.492 144.53
EBIT2 054.702 083.622 095.662 096.492 268.17
Net earnings1 247.831 286.901 441.291 516.311 673.18
Shareholders equity total4 568.195 855.097 296.388 812.6910 485.87
Balance sheet total (assets)38 521.5438 710.9838 915.7839 438.9838 639.59
Net debt31 434.3830 260.2129 092.5627 621.6926 094.22
Profitability
EBIT-%
ROA5.3 %5.4 %5.4 %5.4 %5.8 %
ROE31.6 %24.7 %21.9 %18.8 %17.3 %
ROI5.6 %5.6 %5.6 %5.5 %6.0 %
Economic value added (EVA)128.25115.0872.1138.44125.09
Solvency
Equity ratio19.6 %21.5 %23.9 %26.2 %27.1 %
Gearing688.1 %520.3 %404.2 %323.5 %248.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.30.60.0
Current ratio0.00.10.30.60.0
Cash and cash equivalents203.28397.09884.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:5.81%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Board member
Chairman of the board

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