{"id":176,"date":"2016-12-19T20:26:24","date_gmt":"2016-12-19T20:26:24","guid":{"rendered":"http:\/\/rentabilitet.dk\/opgaver\/?page_id=176"},"modified":"2016-12-19T20:26:24","modified_gmt":"2016-12-19T20:26:24","slug":"dolle","status":"publish","type":"page","link":"https:\/\/rentabilitet.dk\/opgaver\/virksomheds-oekonomi\/dolle\/","title":{"rendered":"Dolle"},"content":{"rendered":"<p><strong>Aflevering Dolle A\/S<\/strong><\/p>\n<table width=\"643\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"414\">Bel\u00f8b i 1.000 kr.<\/td>\n<td width=\"76\">2013<\/td>\n<td width=\"76\">2012<\/td>\n<td width=\"76\">2011<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"414\">Nettooms\u00e6tning<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 223.486<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 245.497<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 244.070<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"414\">Resultat af prim\u00e6r drift \/ Driftsresultat<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8.205<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22.333<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 31.632<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"414\">Finansielle indt\u00e6gter + indt\u00e6gter af kapitalandele i associerede virksomheder<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.590<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.404<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.797<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"414\">Finansielle omkostninger<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.945<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.833<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4.482<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"414\">Resulat f\u00f8r skat<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8.850<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22.903<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 28.947<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"414\">Aktiver i alt primo<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 177.906<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 159.321<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 144.173<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Aktiver i alt ultimo<\/td>\n<td width=\"10\">&nbsp;<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 182.495<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 177.906<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 159.320<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"414\">G\u00e6ldsforpligtelser inkl. hens\u00e6ttelser primo<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 80.820<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 72.551<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 76.244<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"414\">G\u00e6ldsforpligtelser inkl. hens\u00e6ttelser ultimo<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 94.308<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 80.820<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 72.550<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Egenkapital inkl. minoritetsinteresser primo<\/td>\n<td width=\"10\">&nbsp;<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 97.085<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 86.770<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 67.929<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"414\">Egenkapital inkl. minoritetsinteresser ultimo<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 88.186<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 97.085<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 86.769<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Produktionsomkostninger<\/td>\n<td width=\"10\">&nbsp;<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 178.196<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 188.474<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 179.237<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Distributionsomkostninger<\/td>\n<td width=\"10\">&nbsp;<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 15.629<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 12.915<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 12.068<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Administrationsomkostninger<\/td>\n<td width=\"10\">&nbsp;<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22.148<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 23.209<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22.266<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0<\/strong><\/p>\n<table width=\"645\">\n<tbody>\n<tr>\n<td width=\"415\">Bel\u00f8b i 1.000 kr.<\/td>\n<td width=\"77\">2013<\/td>\n<td width=\"77\">2012<\/td>\n<td width=\"77\">2011<\/td>\n<\/tr>\n<tr>\n<td width=\"415\">Gennemsnitlige aktiver<\/td>\n<td width=\"77\">180.201<\/td>\n<td width=\"77\">168.614<\/td>\n<td width=\"77\">151.747<\/td>\n<\/tr>\n<tr>\n<td width=\"415\">Gennemsnitlige g\u00e6ldsforpligtelser<\/td>\n<td width=\"77\">87.564<\/td>\n<td width=\"77\">76.686<\/td>\n<td width=\"77\">74.397<\/td>\n<\/tr>\n<tr>\n<td width=\"415\">Gennemsnitlig egenkapital<\/td>\n<td width=\"77\">92.636<\/td>\n<td width=\"77\">91.928<\/td>\n<td width=\"77\">77.349<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0<\/strong><\/p>\n<table width=\"646\">\n<tbody>\n<tr>\n<td width=\"415\">Bel\u00f8b i 1.000 kr.<\/td>\n<td width=\"77\">2013<\/td>\n<td width=\"77\">2012<\/td>\n<td width=\"77\">2011<\/td>\n<\/tr>\n<tr>\n<td width=\"415\">Resultat af prim\u00e6r drift \/ Driftsresultat<\/td>\n<td width=\"77\">8.205<\/td>\n<td width=\"77\">22.333<\/td>\n<td width=\"77\">31.632<\/td>\n<\/tr>\n<tr>\n<td width=\"415\">+ Finansielle indt\u00e6gter + indt\u00e6gter af kapitalandele i associerede virksomheder<\/td>\n<td width=\"77\">2.590<\/td>\n<td width=\"77\">2.404<\/td>\n<td width=\"77\">1.797<\/td>\n<\/tr>\n<tr>\n<td width=\"415\">I alt<\/td>\n<td width=\"77\">10.795<\/td>\n<td width=\"77\">24.737<\/td>\n<td width=\"77\">33.429<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Rentabilitet:<\/strong><\/p>\n<table width=\"648\">\n<tbody>\n<tr>\n<td width=\"417\">&nbsp;<\/td>\n<td width=\"77\">2013<\/td>\n<td width=\"77\">2012<\/td>\n<td width=\"77\">2011<\/td>\n<\/tr>\n<tr>\n<td width=\"417\">Afkastningsgrad<\/td>\n<td width=\"77\">6,0<\/td>\n<td width=\"77\">14,7<\/td>\n<td width=\"77\">22,0<\/td>\n<\/tr>\n<tr>\n<td width=\"417\">Overskudsgrad<\/td>\n<td width=\"77\">4,8<\/td>\n<td width=\"77\">10,1<\/td>\n<td width=\"77\">13,7<\/td>\n<\/tr>\n<tr>\n<td width=\"417\">Aktivernes oms\u00e6tningshastighed, gange<\/td>\n<td width=\"77\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,24<\/td>\n<td width=\"77\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,46<\/td>\n<td width=\"77\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,61<\/td>\n<\/tr>\n<tr>\n<td width=\"417\">G\u00e6ldsrente<\/td>\n<td width=\"77\">2,2<\/td>\n<td width=\"77\">2,4<\/td>\n<td width=\"77\">6,0<\/td>\n<\/tr>\n<tr>\n<td width=\"417\">Egenkapitalens forrentning<\/td>\n<td width=\"77\">9,6<\/td>\n<td width=\"77\">24,9<\/td>\n<td width=\"77\">37,4<\/td>\n<\/tr>\n<tr>\n<td width=\"417\">Gearing, gange<\/td>\n<td width=\"77\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0,95<\/td>\n<td width=\"77\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0,83<\/td>\n<td width=\"77\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0,96<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>Kommentarer til analyse af rentabilitet:<\/u><\/strong><\/p>\n<p><strong>Afkastningsgrad: <\/strong><\/p>\n<p>Rentabiliteten i Dolle A\/S er st\u00e6rkt forringet i analyseperioden, idet afkastningsgraden er faldet fra 22% i \u00e5r 2011 til 6% i \u00e5r 2013, dvs. et fald p\u00e5 16 procentpoint, hvilket svarer til 72,7%. Afkastningsgraden ligger i 2013 p\u00e5 et utilfredsstillende niveau sammenlignet med en markeds-rente p\u00e5 ca. 4% plus et risikotill\u00e6g.<\/p>\n<p><strong>Overskudsgrad:<\/strong><\/p>\n<p>Virksomhedens indtjeningsevne er kraftig forringet gennem hele analyseperioden, idet overskudsgraden er faldet fra 13,7 i \u00e5r 2011 til 4,8% i \u00e5r 2013, dvs. et fald p\u00e5 8,9 procentpoint, hvilket svarer til 64,9%. Den negative udvikling i overskudsgraden har p\u00e5virket afkastningsgraden negativt.<\/p>\n<p><strong>Aktivernes oms\u00e6tningshastighed:<\/strong><\/p>\n<p>Virksomhedens kapitaltilpasningsevne er forringet en smule i perioden, idet aktivernes oms\u00e6tningshastighed er faldet fra 1,61 g i \u00e5r 2011 til 1,24 g i \u00e5r 2013, dvs. et fald p\u00e5 0,37 g. Dette har p\u00e5virket afkastningsgraden negativt. Dog har den ikke p\u00e5virket afkastningsgraden negativt i lige s\u00e5 stort omfang som overskudsgraden, da overskudsgraden er faldet betydelig mere end aktivernes oms\u00e6tningshastighed er faldet.<\/p>\n<p><strong>G\u00e6ldsrente:<\/strong><\/p>\n<p>Virksomhedens g\u00e6ldsrente er faldet gennem hele analyse perioden, idet g\u00e6ldsrenten er faldet fra 6,0% i \u00e5r 2011 til 2,2% i \u00e5r 2013, dvs. et fald p\u00e5 3,8 procentpoint, hvilket svarer til 63,3%. Faldet i g\u00e6ldsrenten er positivt. Og da g\u00e6ldsrenten i hele analyseperioden ligger lavere end afkastningsgraden, samtidig med at der har v\u00e6ret plads til et risikotill\u00e6g, betyder det at man, p\u00e5 trods af en forringet afkastningsgrad, har tjent p\u00e5 at arbejde med g\u00e6ld.<\/p>\n<p><strong>Egenkapitalens forrentning:<\/strong><\/p>\n<p>Egenkapitalens forrentning er st\u00e6rkt forringet fra 37,4% i \u00e5r 2011 til 9,6% i \u00e5r 2013, dvs. et fald p\u00e5 27,8 procentpoint, hvilket svarer til 74,3%. Og den kraftige forringelse g\u00f8r, at egenkapitalens forrentning i \u00e5r 2013 befinder sig p\u00e5 et utilfredsstillende niveau sammenlignet med markeds-renten plus et risikotill\u00e6g.<\/p>\n<p>Egenkapitalens forrentning har dog i hele analyseperioden v\u00e6ret h\u00f8jere end afkastningsgraden, hvilket skyldes, at man i denne periode har tjent p\u00e5 at arbejde med g\u00e6ld. Det kan konkluderes, at faldet i egenkapitalens forrentning fra 2011 til 2013 b\u00e5de skyldes faldet i afkastningsgraden, faldet i g\u00e6ldsrenten og det lille fald i gearingen.<\/p>\n<p><strong>Gearing:<\/strong><\/p>\n<p>Gearingen har p\u00e5virket egenkapitalens forrentning positivt, da man tjener p\u00e5 at arbejde med g\u00e6ld. Og derfor er det ogs\u00e5 negativt at gearingen faldt fra 0,96 g i 2011 til 0,95 g i 2013, alts\u00e5 et fald p\u00e5 0,01 g. Dog er forringelsen s\u00e5 lille, at gearingen stort set er u\u00e6ndret.<\/p>\n<p><strong>Konklusion til rentabiliteten:<\/strong><\/p>\n<p>Alt i alt viser udviklingen i Dolle A\/S\u2019 rentabilitet et utilfredsstillende forl\u00f8b. Den forringede rentabilitet skyldes en kombination af en kraftig forringelse i indtjeningsevnen og kapitaltilpas-ningsevnen. Og p\u00e5 trods af at man stadig tjener p\u00e5 at arbejde med g\u00e6ld, ser det, hvis udviklingen forts\u00e6tter, skidt ud for virksomheden.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Indtjeningsevne<\/strong><\/p>\n<table width=\"639\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"411\">&nbsp;<\/td>\n<td width=\"76\">2013<\/td>\n<td width=\"76\">2012<\/td>\n<td width=\"76\">2011<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"411\">Overskudsgrad<\/td>\n<td width=\"76\">4,8<\/td>\n<td width=\"76\">10,1<\/td>\n<td width=\"76\">13,7<\/td>\n<\/tr>\n<tr>\n<td width=\"391\">Indeks oms\u00e6tning<\/td>\n<td width=\"20\">&nbsp;<\/td>\n<td width=\"76\">91,6<\/td>\n<td width=\"76\">100,6<\/td>\n<td width=\"76\">100<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"411\">Indeks produktionsomkostninger<\/td>\n<td width=\"76\">99,4<\/td>\n<td width=\"76\">105,2<\/td>\n<td width=\"76\">100<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"411\">Indeks distributionsomkostninger<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 129,51<\/td>\n<td width=\"76\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 107,02<\/td>\n<td width=\"76\">100<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"411\">Indeks administrationsomkostninger<\/td>\n<td width=\"76\">99,5<\/td>\n<td width=\"76\">104,2<\/td>\n<td width=\"76\">100<\/td>\n<\/tr>\n<tr>\n<td width=\"391\"><\/td>\n<td width=\"20\"><\/td>\n<td width=\"76\"><\/td>\n<td width=\"76\"><\/td>\n<td width=\"76\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>Kommentarer til analysen af indtjeningsevnen:<\/u><\/strong><\/p>\n<p>Overskudsgraden har udviklet sig negativt over de tre \u00e5r. Fra at have v\u00e6ret p\u00e5 13,7% i 2011, er den faldet til 4,8% i 2013, et fald p\u00e5 8,9 procentpoint, hvilket svarer til et fald p\u00e5 64,96%. Den d\u00e5rlige udvikling skyldes et fald i oms\u00e6tningen p\u00e5 8,4% over de tre \u00e5r.<\/p>\n<p>Produktionsomkostninger og administrationsomkostninger er ogs\u00e5 begge faldet, de er dog faldet forholdsvis mindre end oms\u00e6tningen, og har derfor p\u00e5virket overskudsgraden negativt. Distributionsomkostninger er steget med hele 29,51% over de tre \u00e5r, hvilket ogs\u00e5 har p\u00e5virket overskudsgraden negativt.<\/p>\n<p>Konklusionen er derfor, at udviklingen i Dolles indtjeningsevne viser et utilfredsstillende forl\u00f8b.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Soliditet og likviditet:<\/strong><\/p>\n<table width=\"650\">\n<tbody>\n<tr>\n<td width=\"418\">&nbsp;<\/td>\n<td width=\"77\">2013<\/td>\n<td width=\"77\">2012<\/td>\n<td width=\"77\">2011<\/td>\n<\/tr>\n<tr>\n<td width=\"418\">Soliditetsgrad<\/td>\n<td width=\"77\">46,7<\/td>\n<td width=\"77\">53,2<\/td>\n<td width=\"77\">52,8<\/td>\n<\/tr>\n<tr>\n<td width=\"418\">Likviditetsgrad<\/td>\n<td width=\"77\">209,4<\/td>\n<td width=\"77\">260,6<\/td>\n<td width=\"77\">252,8<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong><u>Kommentarer til analysen af soliditet og likviditet:<\/u><\/strong><\/p>\n<p><strong>Soliditetsgrad:<\/strong><\/p>\n<p>Som tommelfingeregel b\u00f8r soliditeten i en veletableret virksomhed mindst udg\u00f8re 30 til 40 procent. Dvs. at Dolles soliditet ligger fint, da den ligger p\u00e5 46,7%. Soliditeten er dog faldet fra 52,8% i 2011, til 46,7% i 2013. Dvs. et fald p\u00e5 6,1 procentpoint, hvilket svarer til et fald p\u00e5 11,55%. Deres soliditetsgrad er forholdsvis h\u00f8j, hvilket vil sige at deres egenkapital er forholdsvis stor, og dermed er g\u00e6ldsforpligtelserne sm\u00e5.<\/p>\n<p>Soliditetsgraden var i 2011 p\u00e5 52,8%, dvs. at 52,8% af de samlede investeringer i Dolle var finansieret med egenkapital. I 2012 steg soliditetsgraden til 53,2%, hvorefter den i 2013 faldt til 46,7%. Udviklingen er derfor negativ, men soliditetsgraden er dog stadig forholdsvis h\u00f8j. Ud fra et soliditetshensyn er dette tilfredsstillende, da virksomheden kan t\u00e5le at tabe 46,7% af aktivernes v\u00e6rdi, inden l\u00e5ngiverne lider tab.<\/p>\n<p><strong>Likviditetsgrad:\u00a0\u00a0 <\/strong><\/p>\n<p>Likviditetsgraden b\u00f8r ligger et godt stykke over 100 %, da visse oms\u00e6tningsaktiver p\u00e5 kort sigt ikke kan oms\u00e6ttes til likvide midler.<\/p>\n<p>Likviditetsgraden i Dolle er faldet fra 252,8% i 2011 til\u00a0 209,4% i 2013. P\u00e5 trods af faldet ser den likviditetsm\u00e6ssige situation i virksomheden ganske fornuftig ud ved udgangen af 2013. Da likviditetsgraden ligger meget over 100%, er virksomhedens oms\u00e6tningsaktiver alts\u00e5 st\u00f8rre end dens kortfristede g\u00e6ldsforpligtelser.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Aflevering Dolle A\/S Bel\u00f8b i 1.000 kr. 2013 2012 2011 Nettooms\u00e6tning \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 223.486 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 245.497 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 244.070 Resultat af prim\u00e6r drift \/ Driftsresultat \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8.205 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22.333 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 31.632 Finansielle indt\u00e6gter + indt\u00e6gter af kapitalandele i associerede virksomheder \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.590 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.404 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.797 Finansielle omkostninger \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.945 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.833 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4.482 Resulat f\u00f8r skat<a class=\"moretag\" href=\"https:\/\/rentabilitet.dk\/opgaver\/virksomheds-oekonomi\/dolle\/\"><span class=\"screen-reader-text\">L\u00e6s mere omDolle<\/span>[&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":26,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dolle - HHX opgaver og notater<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rentabilitet.dk\/opgaver\/virksomheds-oekonomi\/dolle\/\" \/>\n<meta property=\"og:locale\" content=\"da_DK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dolle - HHX opgaver og notater\" \/>\n<meta property=\"og:description\" content=\"Aflevering Dolle A\/S Bel\u00f8b i 1.000 kr. 2013 2012 2011 Nettooms\u00e6tning \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 223.486 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 245.497 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 244.070 Resultat af prim\u00e6r drift \/ Driftsresultat \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8.205 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22.333 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 31.632 Finansielle indt\u00e6gter + indt\u00e6gter af kapitalandele i associerede virksomheder \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.590 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.404 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.797 Finansielle omkostninger \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.945 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.833 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4.482 Resulat f\u00f8r skatL\u00e6s mere omDolle[...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rentabilitet.dk\/opgaver\/virksomheds-oekonomi\/dolle\/\" \/>\n<meta property=\"og:site_name\" content=\"HHX opgaver og notater\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Estimeret l\u00e6setid\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutter\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/rentabilitet.dk\/opgaver\/#website\",\"url\":\"https:\/\/rentabilitet.dk\/opgaver\/\",\"name\":\"HHX opgaver og notater\",\"description\":\"F\\u00e5 adgang til 12-tals opgaver samt notater fra forhenv\\u00e6rende hhx elever. 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