Credit rating
Company information
About OLE VOLT HOLDING ApS
OLE VOLT HOLDING ApS (CVR number: 27722199) is a company from RANDERS. The company recorded a gross profit of 0.8 kDKK in 2023. The operating profit was -14 kDKK, while net earnings were -17.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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 VOLT HOLDING ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 76.05 | -5.69 | -5.33 | -32.50 | 0.76 |
EBIT | 47.45 | - 126.76 | -20.13 | -47.30 | -14.04 |
Net earnings | 111.23 | - 853.69 | - 152.37 | - 119.39 | -17.46 |
Shareholders equity total | 4 167.97 | 3 258.98 | 3 050.11 | 2 873.52 | 2 797.16 |
Balance sheet total (assets) | 5 146.86 | 4 282.31 | 4 099.95 | 3 310.33 | 3 873.46 |
Net debt | 815.86 | - 300.36 | - 153.43 | 166.90 | - 419.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | -16.8 % | -3.6 % | -1.9 % | 1.0 % |
ROE | 2.7 % | -23.0 % | -4.8 % | -4.0 % | -0.6 % |
ROI | 3.5 % | -16.9 % | -3.7 % | -1.9 % | 1.0 % |
Economic value added (EVA) | -26.97 | - 199.35 | 0.82 | -33.15 | - 145.81 |
Solvency | |||||
Equity ratio | 81.0 % | 76.1 % | 74.4 % | 86.8 % | 72.2 % |
Gearing | 21.8 % | 30.1 % | 33.9 % | 14.5 % | 38.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 1.3 | 1.2 | 0.7 | 1.4 |
Current ratio | 0.1 | 1.3 | 1.2 | 0.7 | 1.4 |
Cash and cash equivalents | 92.05 | 1 281.34 | 1 186.40 | 251.16 | 1 482.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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