ØLGAARD-JENSENS FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØLGAARD-JENSENS FOND
ØLGAARD-JENSENS FOND (CVR number: 18852373) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -289 kDKK, while net earnings were 20.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent but Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.6 %, 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 127 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 | |||||
EBIT | - 635.00 | - 348.00 | - 376.00 | - 509.00 | - 289.00 |
Net earnings | 8 073.00 | 12 659.00 | 5 918.00 | 15 975.00 | 20 252.00 |
Shareholders equity total | 94 747.00 | 107 101.00 | 112 700.00 | 127 611.00 | 145 731.00 |
Balance sheet total (assets) | 95 571.00 | 107 744.00 | 112 945.00 | 127 866.00 | 146 355.00 |
Net debt | -47 040.00 | -53 509.00 | -53 190.00 | -64 249.00 | -79 159.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.9 % | 13.0 % | 10.6 % | 13.3 % | 15.5 % |
ROE | 8.7 % | 12.5 % | 5.4 % | 13.3 % | 14.8 % |
ROI | 9.0 % | 13.1 % | 10.6 % | 13.4 % | 15.6 % |
Economic value added (EVA) | - 891.09 | 817.08 | 1 037.98 | 1 118.60 | 1 552.67 |
Solvency | |||||
Equity ratio | 99.1 % | 99.4 % | 99.8 % | 99.8 % | 99.6 % |
Gearing | 0.6 % | 0.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 58.3 | 84.0 | 217.7 | 253.0 | 127.0 |
Current ratio | 58.3 | 84.0 | 217.7 | 253.0 | 127.0 |
Cash and cash equivalents | 47 590.00 | 53 808.00 | 53 190.00 | 64 249.00 | 79 159.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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