Credit rating
Company information
About H.K. OLIE A/S
H.K. OLIE A/S (CVR number: 24257738) is a company from HEDENSTED. The company reported a net sales of 334.6 mDKK in 2023, demonstrating a decline of -10.4 % compared to the previous year. The operating profit percentage was at 5 % (EBIT: 16.6 mDKK), while net earnings were 14 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.5 %, which can be considered excellent and Return on Equity (ROE) was 39.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. H.K. OLIE 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 261.07 | 211.47 | 260.94 | 373.54 | 334.57 |
Gross profit | 17.06 | 17.36 | 26.30 | 20.41 | 20.93 |
EBIT | 12.92 | 12.16 | 22.25 | 16.24 | 16.61 |
Net earnings | 10.80 | 10.22 | 18.00 | 13.38 | 14.04 |
Shareholders equity total | 33.04 | 31.26 | 39.26 | 34.64 | 36.68 |
Balance sheet total (assets) | 59.04 | 53.06 | 64.93 | 60.06 | 65.74 |
Net debt | -0.27 | -0.22 | -0.09 | -0.23 | -0.18 |
Profitability | |||||
EBIT-% | 4.9 % | 5.8 % | 8.5 % | 4.3 % | 5.0 % |
ROA | 24.4 % | 23.1 % | 38.9 % | 27.3 % | 28.5 % |
ROE | 35.3 % | 31.8 % | 51.1 % | 36.2 % | 39.4 % |
ROI | 44.7 % | 40.2 % | 65.1 % | 46.2 % | 50.3 % |
Economic value added (EVA) | 9.02 | 8.28 | 16.27 | 11.19 | 11.77 |
Solvency | |||||
Equity ratio | 56.0 % | 58.9 % | 60.5 % | 57.7 % | 55.8 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | 9.9 % | 10.2 % | 9.8 % | 6.7 % | 8.6 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.6 | 1.9 | 1.6 | 1.7 |
Current ratio | 2.0 | 1.9 | 2.2 | 2.0 | 2.0 |
Cash and cash equivalents | 0.28 | 0.22 | 0.09 | 0.23 | 0.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 |
Net working capital % | 9.6 % | 9.5 % | 11.5 % | 6.8 % | 8.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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