OTK HOLDING A/S — Credit Rating and Financial Key Figures

OTK HOLDING A/S (CVR number: 41337214) is a company from HJØRRING. The company reported a net sales of 6.5 mDKK in 2023, demonstrating a growth of 13.1 % compared to the previous year. The operating profit percentage was at 77.2 % (EBIT: 5 mDKK), while net earnings were 5775.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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. OTK HOLDING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.