ØLGOD DETAIL INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 19187799
Lindbjergvej 9, 6870 Ølgod
tel: 22961996

Company information

Official name
ØLGOD DETAIL INVEST A/S
Established
1996
Company form
Limited company
Industry

About ØLGOD DETAIL INVEST A/S

ØLGOD DETAIL INVEST A/S (CVR number: 19187799) is a company from VARDE. The company recorded a gross profit of 50.4 kDKK in 2023. The operating profit was 36.8 kDKK, while net earnings were 762.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.1 %, which can be considered excellent and Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ØLGOD DETAIL INVEST A/S's liquidity measured by quick ratio was 8.3 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 profit51.0052.0068.00113.0050.40
EBIT37.0038.0054.0099.0036.76
Net earnings78.00282.00260.00401.00762.31
Shareholders equity total2 058.002 341.002 601.003 001.003 763.22
Balance sheet total (assets)2 229.002 613.002 956.003 420.004 388.61
Net debt- 785.00-1 183.00-1 542.00-2 024.00-3 005.07
Profitability
EBIT-%
ROA4.6 %15.5 %12.1 %16.2 %25.1 %
ROE3.9 %12.8 %10.5 %14.3 %22.5 %
ROI4.6 %15.7 %12.3 %16.8 %26.9 %
Economic value added (EVA)-36.82-35.39-16.1524.02-20.45
Solvency
Equity ratio92.3 %89.6 %88.0 %87.7 %85.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio49.549.518.013.28.3
Current ratio49.549.518.013.28.3
Cash and cash equivalents785.001 183.001 542.002 024.003 005.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:25.1%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.7%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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