Credit rating
Company information
About J. OLANDER ApS
J. OLANDER ApS (CVR number: 84880612) is a company from HERLEV. The company recorded a gross profit of -670.6 kDKK in 2019. The operating profit was -1206.3 kDKK, while net earnings were -1212.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.9 %, which can be considered poor and Return on Equity (ROE) was -99.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -32.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. J. OLANDER ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 3.39 | |||
Gross profit | 0.75 | 493.93 | 366.01 | - 670.58 |
EBIT | 0.10 | -40.86 | -38.54 | -1 206.33 |
Net earnings | 0.08 | -41.21 | -42.06 | -1 212.16 |
Shareholders equity total | 0.28 | 158.79 | 116.73 | -1 095.43 |
Balance sheet total (assets) | 4.02 | 3 664.89 | 3 504.97 | 2 319.83 |
Net debt | 1.09 | 1 150.51 | 1 214.52 | 1 163.87 |
Profitability | ||||
EBIT-% | 2.8 % | |||
ROA | 2.4 % | -2.2 % | -1.1 % | -34.9 % |
ROE | 29.1 % | -51.8 % | -30.5 % | -99.5 % |
ROI | 2.7 % | -2.4 % | -1.1 % | -36.7 % |
Economic value added (EVA) | 0.10 | -40.77 | 58.03 | -1 112.57 |
Solvency | ||||
Equity ratio | 7.0 % | 4.3 % | 3.3 % | -32.1 % |
Gearing | 1179.8 % | 2034.8 % | 2739.0 % | -297.0 % |
Relative net indebtedness % | 44.4 % | |||
Liquidity | ||||
Quick ratio | 0.7 | 0.6 | 0.7 | 0.6 |
Current ratio | 1.0 | 1.0 | 1.0 | 0.6 |
Cash and cash equivalents | 2.23 | 2 080.57 | 1 982.64 | 2 089.83 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 25.0 | |||
Net working capital % | 3.0 % | |||
Credit risk | ||||
Credit rating | B | BB | BB | B |
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