OVE MADSEN HOLDING A/S

OVE MADSEN HOLDING A/S (CVR number: 14248595) is a company from VEJEN. The company recorded a gross profit of -125 kDKK in 2023. The operating profit was -480.6 kDKK, while net earnings were -506.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OVE MADSEN HOLDING A/S's liquidity measured by quick ratio was 3.6 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.