ØLGOD ELEKTRO A/S — Credit Rating and Financial Key Figures

ØLGOD ELEKTRO A/S (CVR number: 21284785) is a company from VARDE. The company recorded a gross profit of 6628 kDKK in 2024. The operating profit was 815.6 kDKK, while net earnings were 458.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.5 %, 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. ØLGOD ELEKTRO A/S'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.