Ølgod 2022 A/S — Credit Rating and Financial Key Figures

CVR number: 34483477
Industrivej 4, 6870 Ølgod
tel: 75245177

Credit rating

Company information

Official name
Ølgod 2022 A/S
Personnel
6 persons
Established
2012
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit9 257.147 171.748 114.148 436.286 946.82
EBIT3 109.75234.92595.14369.98-2 195.29
Net earnings2 185.681.15308.79173.00-1 805.08
Shareholders equity total3 680.613 681.763 990.564 163.552 358.47
Balance sheet total (assets)14 404.8217 574.2011 216.2511 650.548 686.60
Net debt- 145.442 697.62978.23-1 635.69-1 153.54
Profitability
EBIT-%
ROA21.6 %2.5 %4.3 %3.2 %-21.6 %
ROE59.4 %0.0 %8.0 %4.2 %-55.4 %
ROI54.0 %6.0 %9.0 %6.4 %-47.5 %
Economic value added (EVA)2 421.6925.61291.6586.50-1 841.67
Solvency
Equity ratio26.1 %21.3 %35.6 %35.7 %27.2 %
Gearing28.9 %82.0 %24.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.31.71.81.7
Current ratio1.41.31.71.81.7
Cash and cash equivalents1 209.97322.811 635.691 153.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBAABBB

Variable visualization

ROA:-21.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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