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ØGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 24206092
Th. Eriksens Vej 7, 9640 Farsø
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Credit rating

Company information

Official name
ØGAARD A/S
Personnel
75 persons
Established
1999
Company form
Limited company
Industry

About ØGAARD A/S

ØGAARD A/S (CVR number: 24206092) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 38.5 mDKK in 2025. The operating profit was 3929.7 kDKK, while net earnings were 2844.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.8 %, 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. ØGAARD A/S's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit33 913.4836 402.3335 631.1435 132.5638 540.80
EBIT3 411.253 151.722 440.961 629.773 929.71
Net earnings2 414.462 251.751 561.65935.642 844.07
Shareholders equity total13 434.9014 686.6515 248.3013 757.4115 601.48
Balance sheet total (assets)33 039.0032 132.4335 164.2426 633.6927 372.89
Net debt5 225.904 249.53-3.411 325.67494.49
Profitability
EBIT-%
ROA10.9 %9.7 %7.3 %5.3 %14.8 %
ROE19.0 %16.0 %10.4 %6.5 %19.4 %
ROI16.5 %13.8 %11.0 %8.3 %21.5 %
Economic value added (EVA)1 836.131 391.03828.03193.972 115.17
Solvency
Equity ratio42.3 %46.6 %44.1 %52.0 %57.8 %
Gearing39.6 %29.4 %25.6 %21.9 %11.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.41.51.7
Current ratio1.71.91.82.22.2
Cash and cash equivalents88.6573.723 913.911 681.501 366.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.8%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.8%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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