KRISTIAN ODGAARD HOLDING ApS — Credit Rating and Financial Key Figures

KRISTIAN ODGAARD HOLDING ApS (CVR number: 28118597) is a company from MORSØ. The company reported a net sales of 1.9 mDKK in 2023, demonstrating a decline of -76.6 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 1.9 mDKK), while net earnings were 1911 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KRISTIAN ODGAARD HOLDING ApS's liquidity measured by quick ratio was 2.4 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.