OLUF A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLUF A/S
OLUF A/S (CVR number: 16503878) is a company from SILKEBORG. The company reported a net sales of 3.6 mDKK in 2024, demonstrating a decline of -2.6 % compared to the previous year. The operating profit percentage was at 68.8 % (EBIT: 2.5 mDKK), while net earnings were 1653.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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. OLUF A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 3 213.07 | 3 588.31 | 3 629.17 | 3 744.46 | 3 648.61 |
| Gross profit | 4 406.44 | 1 863.02 | 2 411.41 | 3 005.02 | 2 581.49 |
| EBIT | 3 886.25 | 1 325.63 | 1 756.67 | 2 931.48 | 2 508.48 |
| Net earnings | 5 290.23 | 4 481.65 | 393.51 | 1 283.94 | 1 653.73 |
| Shareholders equity total | 40 077.64 | 44 642.84 | 45 036.35 | 46 320.30 | 47 974.02 |
| Balance sheet total (assets) | 63 923.88 | 68 467.39 | 67 678.71 | 72 317.41 | 74 414.20 |
| Net debt | 16 757.86 | 15 063.83 | 14 017.23 | 17 303.81 | 16 944.94 |
| Profitability | |||||
| EBIT-% | 121.0 % | 36.9 % | 48.4 % | 78.3 % | 68.8 % |
| ROA | 10.2 % | 10.3 % | 1.5 % | 3.5 % | 3.7 % |
| ROE | 14.4 % | 10.6 % | 0.9 % | 2.8 % | 3.5 % |
| ROI | 10.5 % | 10.6 % | 1.5 % | 3.6 % | 3.8 % |
| Economic value added (EVA) | 427.31 | -2 170.25 | -2 078.53 | -1 209.56 | -1 738.28 |
| Solvency | |||||
| Equity ratio | 62.7 % | 65.2 % | 66.5 % | 64.1 % | 64.5 % |
| Gearing | 41.9 % | 33.7 % | 31.1 % | 37.4 % | 37.0 % |
| Relative net indebtedness % | 583.9 % | 483.4 % | 446.5 % | 523.0 % | 533.1 % |
| Liquidity | |||||
| Quick ratio | 0.3 | 0.4 | 0.4 | 0.0 | 1.5 |
| Current ratio | 0.3 | 0.4 | 0.4 | 0.0 | 1.5 |
| Cash and cash equivalents | 38.71 | 2.67 | 2.17 | 1.88 | 828.28 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 2.2 | ||||
| Net working capital % | -142.1 % | -108.8 % | -100.1 % | -276.3 % | 47.9 % |
| Credit risk | |||||
| Credit rating | AA | AA | AA | AA | AA |
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