Frands Olsens Rejsefond For Unge Landmænd

CVR number: 25350596
Vejløvej 59 A, Vejlø 4700 Næstved
kaalund.vejlo@hotmail.com
tel: 46327060

Credit rating

Company information

Official name
Frands Olsens Rejsefond For Unge Landmænd
Established
1999
Domicile
Vejlø
Industry
  • Expand more icon88Social work activities without accommodation

About Frands Olsens Rejsefond For Unge Landmænd

Frands Olsens Rejsefond For Unge Landmænd (CVR number: 25350596) is a company from NÆSTVED. The company recorded a gross profit of 92.3 kDKK in 2023. The operating profit was 67.3 kDKK, while net earnings were 269.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frands Olsens Rejsefond For Unge Landmænd's liquidity measured by quick ratio was 22.6 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 profit236.80199.03228.78550.9792.26
EBIT214.14171.37201.12525.9767.26
Net earnings246.06362.1264.32581.39269.29
Shareholders equity total6 297.756 659.866 617.986 916.776 855.56
Balance sheet total (assets)6 360.256 722.366 726.686 980.526 968.69
Net debt-1 675.58-2 027.31-2 026.15-2 535.87-2 519.46
Profitability
EBIT-%
ROA4.1 %5.5 %3.9 %8.9 %3.9 %
ROE3.9 %5.6 %1.0 %8.6 %3.9 %
ROI4.1 %5.6 %4.0 %9.0 %3.9 %
Economic value added (EVA)214.14-57.12-24.13307.79- 127.75
Solvency
Equity ratio99.0 %99.1 %98.4 %99.1 %98.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio27.032.818.940.322.6
Current ratio27.032.818.940.322.6
Cash and cash equivalents1 675.582 027.312 026.152 535.872 519.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:3.86%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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