OLE BORUP WINTHER HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE BORUP WINTHER HOLDING ApS
OLE BORUP WINTHER HOLDING ApS (CVR number: 35229140) is a company from HJØRRING. The company recorded a gross profit of -8.5 kDKK in 2023. The operating profit was -8.5 kDKK, while net earnings were -59.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -23.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OLE BORUP WINTHER HOLDING ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.97 | -5.38 | -5.45 | -5.05 | -8.48 |
EBIT | -5.97 | -5.38 | -5.45 | -5.05 | -8.48 |
Net earnings | 287.09 | 142.24 | 137.56 | -76.09 | -59.43 |
Shareholders equity total | 162.42 | 304.66 | 442.22 | 308.93 | 190.59 |
Balance sheet total (assets) | 1 097.65 | 478.40 | 467.67 | 386.61 | 325.66 |
Net debt | - 157.10 | - 305.16 | - 456.66 | - 305.41 | - 154.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.4 % | 19.2 % | 32.0 % | -1.2 % | -2.4 % |
ROE | 52.8 % | 60.9 % | 36.8 % | -20.3 % | -23.8 % |
ROI | 31.6 % | 19.4 % | 32.6 % | -1.2 % | -2.5 % |
Economic value added (EVA) | 46.33 | 40.92 | 3.62 | -2.66 | -6.66 |
Solvency | |||||
Equity ratio | 14.8 % | 63.7 % | 94.6 % | 79.9 % | 58.5 % |
Gearing | 570.5 % | 56.2 % | 2.5 % | 19.3 % | 69.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 2.8 | 18.4 | 5.0 | 2.4 |
Current ratio | 1.2 | 2.8 | 18.4 | 5.0 | 2.4 |
Cash and cash equivalents | 1 083.65 | 476.40 | 467.67 | 365.15 | 287.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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