M G OLESEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30067487
Østervangsvej 25, 9000 Aalborg

Company information

Official name
M G OLESEN HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About M G OLESEN HOLDING ApS

M G OLESEN HOLDING ApS (CVR number: 30067487) is a company from AALBORG. The company recorded a gross profit of 54 kDKK in 2023. The operating profit was -263.7 kDKK, while net earnings were -328.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M G OLESEN HOLDING ApS's liquidity measured by quick ratio was 85.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit58.3667.5442.3736.9254.01
EBIT36.7145.8920.7115.26- 263.67
Net earnings70.4255.78155.13229.41- 328.94
Shareholders equity total6 284.406 229.586 271.716 386.725 939.98
Balance sheet total (assets)6 315.646 263.206 298.636 412.525 962.86
Net debt-58.75- 130.70- 177.94- 217.03- 562.62
Profitability
EBIT-%
ROA1.3 %1.1 %2.6 %3.7 %-5.1 %
ROE1.1 %0.9 %2.5 %3.6 %-5.3 %
ROI1.3 %1.1 %2.6 %3.7 %-5.1 %
Economic value added (EVA)- 176.59- 189.34- 201.89- 198.83- 490.72
Solvency
Equity ratio99.5 %99.5 %99.6 %99.6 %99.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio10.07.96.811.685.7
Current ratio10.07.96.811.685.7
Cash and cash equivalents58.75130.70177.94217.03562.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:-5.06%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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