Ølgod 2022 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ølgod 2022 A/S
Ølgod 2022 A/S (CVR number: 34483477) is a company from VARDE. The company recorded a gross profit of 6946.8 kDKK in 2020. The operating profit was -2195.3 kDKK, while net earnings were -1805.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.6 %, which can be considered poor and Return on Equity (ROE) was -55.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ølgod 2022 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 257.14 | 7 171.74 | 8 114.14 | 8 436.28 | 6 946.82 |
EBIT | 3 109.75 | 234.92 | 595.14 | 369.98 | -2 195.29 |
Net earnings | 2 185.68 | 1.15 | 308.79 | 173.00 | -1 805.08 |
Shareholders equity total | 3 680.61 | 3 681.76 | 3 990.56 | 4 163.55 | 2 358.47 |
Balance sheet total (assets) | 14 404.82 | 17 574.20 | 11 216.25 | 11 650.54 | 8 686.60 |
Net debt | - 145.44 | 2 697.62 | 978.23 | -1 635.69 | -1 153.54 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.6 % | 2.5 % | 4.3 % | 3.2 % | -21.6 % |
ROE | 59.4 % | 0.0 % | 8.0 % | 4.2 % | -55.4 % |
ROI | 54.0 % | 6.0 % | 9.0 % | 6.4 % | -47.5 % |
Economic value added (EVA) | 2 421.69 | 25.61 | 291.65 | 86.50 | -1 841.67 |
Solvency | |||||
Equity ratio | 26.1 % | 21.3 % | 35.6 % | 35.7 % | 27.2 % |
Gearing | 28.9 % | 82.0 % | 24.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.3 | 1.7 | 1.8 | 1.7 |
Current ratio | 1.4 | 1.3 | 1.7 | 1.8 | 1.7 |
Cash and cash equivalents | 1 209.97 | 322.81 | 1 635.69 | 1 153.54 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BB | A | A | BBB |
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