OLE VOLT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27722199
Hobrovej 90, 8920 Randers NV

Credit rating

Company information

Official name
OLE VOLT HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About OLE VOLT HOLDING ApS

OLE VOLT HOLDING ApS (CVR number: 27722199) is a company from RANDERS. The company recorded a gross profit of -4.4 kDKK in 2024. The operating profit was -19.2 kDKK, while net earnings were 2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE VOLT HOLDING ApS's liquidity measured by quick ratio was 3.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.69-5.33-32.500.76-4.41
EBIT- 126.76-20.13-47.30-14.04-19.21
Net earnings- 853.69- 152.37- 119.39-17.461.98
Shareholders equity total3 258.983 050.112 873.522 797.162 738.13
Balance sheet total (assets)4 282.314 099.953 310.333 873.463 189.67
Net debt- 300.36- 153.43166.90- 419.60-1 024.86
Profitability
EBIT-%
ROA-16.8 %-3.6 %-1.9 %1.0 %1.2 %
ROE-23.0 %-4.8 %-4.0 %-0.6 %0.1 %
ROI-16.9 %-3.7 %-1.9 %1.0 %1.2 %
Economic value added (EVA)- 399.45- 227.35- 252.48- 179.44- 213.16
Solvency
Equity ratio76.1 %74.4 %86.8 %72.2 %85.8 %
Gearing30.1 %33.9 %14.5 %38.0 %16.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.20.71.43.4
Current ratio1.31.20.71.43.4
Cash and cash equivalents1 281.341 186.40251.161 482.021 464.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.16%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.8%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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