OK SNACKS A/S — Credit Rating and Financial Key Figures

OK SNACKS A/S (CVR number: 14336796K) is a company from IKAST-BRANDE. The company reported a net sales of 367.7 mDKK in 2021, demonstrating a decline of -2.7 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 19.1 mDKK), while net earnings were 13.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.1 %, 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. OK SNACKS A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.