CAVO TRADING ApS — Credit Rating and Financial Key Figures

CAVO TRADING ApS (CVR number: 29442738) is a company from ODSHERRED. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 20 % compared to the previous year. The operating profit percentage was at 28.6 % (EBIT: 0.2 mDKK), while net earnings were 190.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent and Return on Equity (ROE) was 26.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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. CAVO TRADING ApS's liquidity measured by quick ratio was 2.1 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.