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

CVR number: 21284785
Energivej 2, 6870 Ølgod
tel: 75244473
Free credit report Annual report

Credit rating

Company information

Official name
ØLGOD ELEKTRO A/S
Personnel
15 persons
Established
1998
Company form
Limited company
Industry

About ØLGOD ELEKTRO A/S

ØLGOD ELEKTRO A/S (CVR number: 21284785) is a company from VARDE. The company recorded a gross profit of 8858 kDKK in 2025. The operating profit was 2492.9 kDKK, while net earnings were 1825.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.3 %, which can be considered excellent and Return on Equity (ROE) was 38.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit6 622.003 194.697 626.746 627.988 858.00
EBIT1 671.00722.982 264.02815.622 492.91
Net earnings1 245.00533.951 730.32458.511 825.41
Shareholders equity total2 750.002 033.953 408.303 866.815 692.22
Balance sheet total (assets)6 800.006 867.137 203.559 094.7810 387.42
Net debt115.001 527.03-18.581 386.55- 490.49
Profitability
EBIT-%
ROA26.0 %10.6 %32.2 %10.7 %26.3 %
ROE51.3 %22.3 %63.6 %12.6 %38.2 %
ROI43.7 %17.3 %56.2 %17.1 %37.6 %
Economic value added (EVA)1 143.71359.491 567.85296.621 546.03
Solvency
Equity ratio40.4 %31.1 %56.3 %43.5 %54.8 %
Gearing25.4 %75.3 %4.5 %35.9 %13.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.61.11.5
Current ratio1.81.51.91.82.4
Cash and cash equivalents583.004.37170.441 262.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:26.3%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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