OTIS A/S — Credit Rating and Financial Key Figures

OTIS A/S (CVR number: 32349110) is a company from HERLEV. The company reported a net sales of 432.4 mDKK in 2023, demonstrating a growth of 15.1 % compared to the previous year. The operating profit percentage was poor at -2.6 % (EBIT: -11.3 mDKK), while net earnings were -4641.1 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 -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. OTIS A/S's liquidity measured by quick ratio was 22.2 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.