Ovodan International A/S — Credit Rating and Financial Key Figures

Ovodan International A/S (CVR number: 19356396) is a company from ODENSE. The company recorded a gross profit of 3620.6 kDKK in 2023. The operating profit was 3620.6 kDKK, while net earnings were 3348.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34 %, 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. Ovodan International A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.