AAGE ØLLGAARD JENSEN ApS — Credit Rating and Financial Key Figures

AAGE ØLLGAARD JENSEN ApS (CVR number: 26331374K) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -9326.8 kDKK in 2017. The operating profit was -25.7 mDKK, while net earnings were 6021.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 4.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AAGE ØLLGAARD JENSEN ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.