ØLGAARD-JENSENS FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØLGAARD-JENSENS FOND
ØLGAARD-JENSENS FOND (CVR number: 18852373K) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 142.5 mDKK in 2024. The operating profit was 65 mDKK, while net earnings were 62.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.2 %, which can be considered excellent and Return on Equity (ROE) was 56.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ØLGAARD-JENSENS FOND's liquidity measured by quick ratio was 7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 97 861.00 | 110 849.00 | 125 227.00 | 134 442.00 | 142 537.00 |
EBIT | 52 969.00 | 62 128.00 | 62 128.00 | 64 882.00 | 65 039.00 |
Net earnings | 45 757.00 | 40 597.00 | 40 597.00 | 55 562.00 | 62 745.00 |
Shareholders equity total | 234 640.00 | 234 640.00 | 256 267.00 | 281 453.00 | 256 267.00 |
Balance sheet total (assets) | 301 186.00 | 301 186.00 | 320 362.00 | 357 307.00 | 320 362.00 |
Net debt | - 102 562.00 | - 126 365.00 | - 130 946.00 | - 137 925.00 | - 166 296.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.5 % | 23.2 % | 21.7 % | 21.2 % | 24.2 % |
ROE | 42.8 % | 34.3 % | 36.4 % | 45.6 % | 56.3 % |
ROI | 21.7 % | 26.0 % | 24.5 % | 24.1 % | 27.6 % |
Economic value added (EVA) | 55 895.64 | 41 482.68 | 41 664.80 | 45 205.49 | 43 995.20 |
Solvency | |||||
Equity ratio | 78.7 % | 78.7 % | 81.3 % | 81.2 % | 80.8 % |
Gearing | 13.5 % | 12.7 % | 11.0 % | 9.6 % | 10.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.0 | 5.5 | 6.6 | 6.1 | 7.0 |
Current ratio | 6.2 | 6.5 | 7.4 | 6.2 | 8.8 |
Cash and cash equivalents | 134 126.00 | 156 239.00 | 159 156.00 | 164 805.00 | 191 956.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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