Credit rating
Company information
About CHR. OLESEN NUTRITION A/S
CHR. OLESEN NUTRITION A/S (CVR number: 27270883) is a company from GENTOFTE. The company reported a net sales of 76.2 mEUR in 2023, demonstrating a decline of -1.9 % compared to the previous year. The operating profit percentage was at 2.5 % (EBIT: 1.9 mEUR), while net earnings were 4107.6 kEUR. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CHR. OLESEN NUTRITION A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 43.34 | 41.60 | 50.59 | 77.70 | 76.22 |
Gross profit | 1.79 | 2.62 | 2.70 | 5.27 | 3.12 |
EBIT | 1.12 | 1.95 | 1.92 | 4.25 | 1.92 |
Net earnings | 1.56 | 3.00 | 3.46 | 7.86 | 4.11 |
Shareholders equity total | 8.83 | 10.41 | 8.07 | 17.18 | 18.58 |
Balance sheet total (assets) | 30.98 | 26.72 | 34.46 | 65.15 | 56.32 |
Net debt | 17.83 | 12.23 | 19.97 | 39.85 | 32.77 |
Profitability | |||||
EBIT-% | 2.6 % | 4.7 % | 3.8 % | 5.5 % | 2.5 % |
ROA | 9.0 % | 13.1 % | 13.4 % | 19.1 % | 10.5 % |
ROE | 18.5 % | 31.2 % | 37.4 % | 62.2 % | 23.0 % |
ROI | 10.6 % | 15.4 % | 16.1 % | 22.2 % | 11.6 % |
Economic value added (EVA) | 0.67 | 1.36 | 1.36 | 3.46 | 1.65 |
Solvency | |||||
Equity ratio | 28.5 % | 39.0 % | 23.4 % | 26.4 % | 33.0 % |
Gearing | 201.9 % | 117.5 % | 247.4 % | 233.9 % | 183.5 % |
Relative net indebtedness % | 51.1 % | 39.2 % | 52.2 % | 61.1 % | 47.4 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 0.7 | 0.8 | 0.8 |
Current ratio | 1.3 | 1.4 | 1.1 | 1.1 | 1.1 |
Cash and cash equivalents | 0.33 | 1.31 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 71.5 | 61.4 | 58.7 | 73.5 | 49.8 |
Net working capital % | 13.7 % | 14.7 % | 3.8 % | 6.3 % | 4.0 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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