Credit rating
Company information
About OLE MATHIESEN A/S
OLE MATHIESEN A/S (CVR number: 25130898) is a company from KØBENHAVN. The company recorded a gross profit of 10.6 mDKK in 2023. The operating profit was -223.2 kDKK, while net earnings were -174.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE MATHIESEN A/S's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 18 141.95 | 9 927.19 | 15 098.13 | 12 153.25 | 10 623.77 |
EBIT | 1 928.85 | -2 123.35 | 7 113.05 | 1 000.63 | - 223.18 |
Net earnings | 1 257.83 | -1 683.27 | 5 309.50 | 524.87 | - 174.13 |
Shareholders equity total | 59 059.61 | 57 376.34 | 62 685.84 | 43 210.72 | 43 036.58 |
Balance sheet total (assets) | 71 632.39 | 66 261.73 | 72 543.48 | 51 928.32 | 50 552.90 |
Net debt | -12 873.29 | -14 761.85 | -25 679.83 | -8 829.32 | -6 334.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.7 % | -2.9 % | 10.3 % | 1.6 % | -0.1 % |
ROE | 2.2 % | -2.9 % | 8.8 % | 1.0 % | -0.4 % |
ROI | 3.1 % | -3.3 % | 11.3 % | 1.8 % | -0.2 % |
Economic value added (EVA) | -1 253.94 | -3 983.98 | 3 453.19 | -1 066.12 | -1 880.00 |
Solvency | |||||
Equity ratio | 85.5 % | 88.3 % | 87.3 % | 84.2 % | 87.1 % |
Gearing | 1.4 % | 1.6 % | 5.6 % | 3.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 3.7 | 5.2 | 2.6 | 1.7 |
Current ratio | 6.9 | 10.3 | 8.7 | 6.6 | 6.9 |
Cash and cash equivalents | 12 873.29 | 15 545.09 | 26 661.03 | 11 240.42 | 7 757.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | BBB |
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