ØLSTRUP UDVIKLINGSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 35242007
Herningvej 1, 6950 Ringkøbing
advokat@thorninger.dk
tel: 97323811

Company information

Official name
ØLSTRUP UDVIKLINGSSELSKAB ApS
Established
2013
Company form
Private limited company
Industry

About ØLSTRUP UDVIKLINGSSELSKAB ApS

ØLSTRUP UDVIKLINGSSELSKAB ApS (CVR number: 35242007) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -21.6 kDKK in 2021. The operating profit was -21.6 kDKK, while net earnings were -21.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -74.5 %, which can be considered poor and Return on Equity (ROE) was -90.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ØLSTRUP UDVIKLINGSSELSKAB ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-17.27-19.42- 128.15-53.65-21.61
EBIT-17.27-19.42- 128.15-53.65-21.61
Net earnings-13.50-15.15- 144.61-63.96-21.82
Shareholders equity total245.54230.3985.7821.82
Balance sheet total (assets)260.80245.91107.6331.8226.16
Net debt-38.80-19.63-27.63-21.96-20.93
Profitability
EBIT-%
ROA-6.5 %-7.7 %-72.5 %-76.9 %-74.5 %
ROE-5.3 %-6.4 %-91.5 %-118.9 %-90.9 %
ROI-6.8 %-8.2 %-81.1 %-99.7 %-198.1 %
Economic value added (EVA)-26.15-25.54- 155.20-56.57-21.60
Solvency
Equity ratio94.2 %93.7 %79.7 %68.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.32.31.33.21.0
Current ratio17.115.94.93.21.0
Cash and cash equivalents38.8019.6327.6321.9620.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBC

Variable visualization

ROA:-74.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable

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