OVE R. NIELSEN ApS

CVR number: 84300314
Industrivej 1, 7700 Thisted
ku@or-produkter.dk
tel: 97922123

Credit rating

Company information

Official name
OVE R. NIELSEN ApS
Personnel
2 persons
Established
1978
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About OVE R. NIELSEN ApS

OVE R. NIELSEN ApS (CVR number: 84300314) is a company from THISTED. The company recorded a gross profit of 1389.8 kDKK in 2023. The operating profit was 609.2 kDKK, while net earnings were 448.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.4 %, 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. OVE R. NIELSEN ApS's liquidity measured by quick ratio was 1.9 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
20192020202120222023
Volume
Net sales
Gross profit1 182.791 111.70966.331 682.141 389.81
EBIT241.50392.45335.72951.21609.20
Net earnings188.42371.53246.69710.95448.47
Shareholders equity total3 153.383 524.913 663.324 124.274 139.62
Balance sheet total (assets)7 690.135 928.206 090.726 725.536 743.92
Net debt82.911 411.47959.54- 150.41- 532.18
Profitability
EBIT-%
ROA3.5 %5.8 %5.7 %14.9 %9.1 %
ROE6.2 %11.1 %6.9 %18.3 %10.9 %
ROI4.9 %7.7 %6.6 %17.7 %11.0 %
Economic value added (EVA)12.71257.6323.88508.53286.91
Solvency
Equity ratio41.0 %59.5 %60.1 %61.3 %61.4 %
Gearing65.0 %47.5 %43.1 %31.5 %31.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.51.51.81.9
Current ratio1.21.91.71.92.0
Cash and cash equivalents1 965.25261.14617.851 450.491 832.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:9.13%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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