OVE CHRISTIANSEN BILER ApS — Credit Rating and Financial Key Figures

OVE CHRISTIANSEN BILER ApS (CVR number: 31514592) is a company from TØNDER. The company recorded a gross profit of 1579.1 kDKK in 2024. The operating profit was 167.3 kDKK, while net earnings were 24.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.8 %, 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. OVE CHRISTIANSEN BILER ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.