ØLGODVEJ 1 ApS — Credit Rating and Financial Key Figures

CVR number: 21782696
Ølgodvej 1, 9220 Aalborg Øst
finn@harlis.nu
tel: 97931677

Company information

Official name
ØLGODVEJ 1 ApS
Established
1999
Company form
Private limited company
Industry

About ØLGODVEJ 1 ApS

ØLGODVEJ 1 ApS (CVR number: 21782696) is a company from AALBORG. The company recorded a gross profit of 627.1 kDKK in 2023. The operating profit was 213.6 kDKK, while net earnings were 153.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ØLGODVEJ 1 ApS's liquidity measured by quick ratio was 3.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit238.14213.74617.14627.10627.10
EBIT200.82174.66293.59287.29213.61
Net earnings142.35117.7323.75265.08153.81
Shareholders equity total2 377.712 355.442 379.192 644.272 645.80
Balance sheet total (assets)7 526.937 239.647 065.957 086.856 907.00
Net debt2 992.062 875.342 506.852 362.412 399.41
Profitability
EBIT-%
ROA3.4 %3.1 %2.0 %4.7 %3.6 %
ROE5.9 %5.0 %1.0 %10.6 %5.8 %
ROI3.5 %3.1 %2.0 %4.8 %3.7 %
Economic value added (EVA)-43.92-64.0712.3696.71-22.64
Solvency
Equity ratio31.6 %32.5 %33.7 %37.3 %38.3 %
Gearing178.4 %173.6 %158.0 %135.9 %129.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.93.03.33.73.4
Current ratio2.93.03.33.73.4
Cash and cash equivalents1 249.261 214.141 252.211 230.601 027.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.64%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.3%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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