ØLBY EL- SERVICE K/S — Credit Rating and Financial Key Figures

CVR number: 33083041
Industrivej 14, 7600 Struer

Credit rating

Company information

Official name
ØLBY EL- SERVICE K/S
Personnel
9 persons
Established
2010
Company form
Limited partnership
Industry

About ØLBY EL- SERVICE K/S

ØLBY EL- SERVICE K/S (CVR number: 33083041) is a company from STRUER. The company recorded a gross profit of 1357.6 kDKK in 2024. The operating profit was 468.2 kDKK, while net earnings were 500.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 50 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ØLBY EL- SERVICE K/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit1 151.041 347.951 169.191 408.151 357.61
EBIT429.34582.22393.13628.80468.18
Net earnings415.01563.92392.50636.58500.25
Shareholders equity total1 000.001 000.001 000.001 000.001 000.00
Balance sheet total (assets)4 929.515 696.566 004.605 852.415 676.66
Net debt281.601 052.802 692.831 524.802 363.26
Profitability
EBIT-%
ROA10.4 %11.1 %6.9 %11.0 %8.7 %
ROE41.5 %56.4 %39.2 %63.7 %50.0 %
ROI16.5 %16.4 %10.2 %18.4 %13.8 %
Economic value added (EVA)315.92444.85192.52442.95297.83
Solvency
Equity ratio20.3 %17.6 %17.2 %17.1 %17.6 %
Gearing158.4 %294.5 %269.9 %239.0 %290.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.11.01.1
Current ratio1.31.21.21.21.2
Cash and cash equivalents1 302.581 891.865.83865.29546.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.74%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.6%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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