OVEN VISSE VANDE ApS — Credit Rating and Financial Key Figures

CVR number: 29818193
Overgaden Oven Vandet 44, 1415 København K
Ercanturk1234@gmail.com

Company information

Official name
OVEN VISSE VANDE ApS
Personnel
18 persons
Established
2009
Company form
Private limited company
Industry

About OVEN VISSE VANDE ApS

OVEN VISSE VANDE ApS (CVR number: 29818193) is a company from KØBENHAVN. The company recorded a gross profit of 3340.3 kDKK in 2023. The operating profit was -4 kDKK, while net earnings were 97.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. OVEN VISSE VANDE ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 568.321 746.472 406.184 126.383 340.32
EBIT698.34- 419.10241.761 247.80-3.97
Net earnings802.97- 200.47269.031 113.3997.81
Shareholders equity total6 346.596 146.126 415.157 528.546 699.72
Balance sheet total (assets)7 832.027 920.559 183.029 950.8610 112.18
Net debt1 006.46965.97991.341 043.02580.91
Profitability
EBIT-%
ROA12.0 %-2.9 %5.1 %15.9 %3.5 %
ROE13.5 %-3.2 %4.3 %16.0 %1.4 %
ROI12.8 %-3.2 %6.0 %19.0 %4.4 %
Economic value added (EVA)258.65- 650.66- 122.22631.79- 381.03
Solvency
Equity ratio81.0 %77.6 %69.9 %75.7 %66.3 %
Gearing16.0 %17.0 %15.6 %13.9 %9.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.10.50.1
Current ratio0.30.40.20.50.1
Cash and cash equivalents6.7978.1910.002.0020.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAAA

Variable visualization

ROA:3.50%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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