ØLGOD EL-SERVICE ApS — Credit Rating and Financial Key Figures

ØLGOD EL-SERVICE ApS (CVR number: 26122511) is a company from VARDE. The company recorded a gross profit of 2684.6 kDKK in 2024. The operating profit was 211.6 kDKK, while net earnings were 85.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 18.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ØLGOD EL-SERVICE ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.