OLVO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLVO ApS
OLVO ApS (CVR number: 44005107) is a company from AABENRAA. The company recorded a gross profit of 2629.7 kDKK in 2024. The operating profit was 1997.6 kDKK, while net earnings were -858.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. OLVO ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 671.21 | 2 629.68 |
EBIT | 594.79 | 1 997.56 |
Net earnings | 18.59 | - 858.27 |
Shareholders equity total | 58.59 | - 799.67 |
Balance sheet total (assets) | 19 066.42 | 81 477.39 |
Net debt | 17 722.54 | 46 816.05 |
Profitability | ||
EBIT-% | ||
ROA | 3.1 % | 4.1 % |
ROE | 31.7 % | -2.1 % |
ROI | 1.6 % | 2.5 % |
Economic value added (EVA) | 489.49 | 1 044.49 |
Solvency | ||
Equity ratio | 0.3 % | -1.0 % |
Gearing | 31948.1 % | -8403.4 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 2.6 | 1.1 |
Current ratio | 2.6 | 1.1 |
Cash and cash equivalents | 997.15 | 20 383.47 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BBB | BBB |
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