Øllgaarden IVS — Credit Rating and Financial Key Figures

Øllgaarden IVS (CVR number: 38584235) is a company from MIDDELFART. The company reported a net sales of 0.1 mDKK in 2018. The operating profit percentage was at 97.3 % (EBIT: 0.1 mDKK), while net earnings were 45 kDKK. The profitability of the company measured by Return on Assets (ROA) was 129.8 %, which can be considered excellent and Return on Equity (ROE) was 288.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -87.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Øllgaarden IVS's liquidity measured by quick ratio was 0.1 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.