Ølgod Bageri ApS — Credit Rating and Financial Key Figures

Ølgod Bageri ApS (CVR number: 40602925) is a company from VARDE. The company recorded a gross profit of 3704.7 kDKK in 2023. The operating profit was 544.1 kDKK, while net earnings were 382.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 34.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ølgod Bageri ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.