OLE MOGENSEN A/S — Credit Rating and Financial Key Figures

OLE MOGENSEN A/S (CVR number: 10027535) is a company from LANGELAND. The company recorded a gross profit of 711.2 kDKK in 2022. The operating profit was 31 kDKK, while net earnings were -38 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OLE MOGENSEN A/S's liquidity measured by quick ratio was 3.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.