M. Qvist Olesen ApS — Credit Rating and Financial Key Figures

CVR number: 40008985
Trehusevej 3, Frederiks 7470 Karup J

Company information

Official name
M. Qvist Olesen ApS
Personnel
1 person
Established
2018
Domicile
Frederiks
Company form
Private limited company
Industry

About M. Qvist Olesen ApS

M. Qvist Olesen ApS (CVR number: 40008985) is a company from VIBORG. The company recorded a gross profit of -101.3 kDKK in 2024. The operating profit was -154.1 kDKK, while net earnings were 1405.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. Qvist Olesen ApS's liquidity measured by quick ratio was 94 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 214.15- 101.31
EBIT- 382.07- 154.15
Net earnings2 572.73-1 071.59-1 224.16391.931 405.48
Shareholders equity total15 132.9113 944.5812 606.0212 506.8513 790.33
Balance sheet total (assets)15 132.9113 944.5812 606.0212 540.5013 919.76
Net debt- 188.18-20.87-85.77-10 846.90-12 152.58
Profitability
EBIT-%
ROA20.8 %10.4 %-9.2 %6.3 %11.8 %
ROE18.5 %-7.4 %-9.2 %3.1 %10.7 %
ROI18.4 %-7.4 %-9.2 %6.3 %11.9 %
Economic value added (EVA)- 641.86- 760.43- 700.72- 904.72- 771.94
Solvency
Equity ratio100.0 %100.0 %100.0 %99.7 %99.1 %
Gearing0.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio322.494.0
Current ratio322.494.0
Cash and cash equivalents188.1820.8785.7710 848.6612 165.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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