OLE BOCK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE BOCK HOLDING A/S
OLE BOCK HOLDING A/S (CVR number: 76657114) is a company from AARHUS. The company recorded a gross profit of -3.2 kDKK in 2021. The operating profit was -3.2 kDKK, while net earnings were 4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -49.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. OLE BOCK HOLDING A/S's liquidity measured by quick ratio was 0.5 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -12.04 | 5.38 | -2.96 | -2.46 | -3.18 |
| EBIT | -12.04 | 5.38 | -2.96 | -2.46 | -3.18 |
| Net earnings | -18.92 | 11.89 | 9.83 | -6.10 | 4.48 |
| Shareholders equity total | - 309.30 | - 297.42 | - 287.59 | - 293.69 | - 289.21 |
| Balance sheet total (assets) | 1 524.24 | 558.87 | 338.70 | 298.85 | 290.57 |
| Net debt | - 570.08 | - 554.70 | - 334.54 | - 294.67 | - 286.42 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.2 % | 2.4 % | 1.8 % | 2.2 % | 2.1 % |
| ROE | -1.2 % | 1.1 % | 2.2 % | -1.9 % | 1.5 % |
| ROI | 4.2 % | 6.8 % | |||
| Economic value added (EVA) | 78.65 | 97.31 | 39.86 | 28.80 | 26.39 |
| Solvency | |||||
| Equity ratio | -16.9 % | -34.7 % | -45.9 % | -49.6 % | -49.9 % |
| Gearing | -307.1 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 0.7 | 0.5 | 0.5 | 0.5 |
| Current ratio | 0.8 | 0.7 | 0.5 | 0.5 | 0.5 |
| Cash and cash equivalents | 1 520.08 | 554.70 | 334.54 | 294.67 | 286.42 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BB | BB |
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