OveKi ApS — Credit Rating and Financial Key Figures

CVR number: 42082465
Erik Menveds Vej 24, 8800 Viborg
kgl@glerupas.dk
tel: 23313734

Credit rating

Company information

Official name
OveKi ApS
Personnel
2 persons
Established
2020
Company form
Private limited company
Industry

About OveKi ApS

OveKi ApS (CVR number: 42082465K) is a company from VIBORG. The company reported a net sales of 973.4 mDKK in 2023, demonstrating a decline of -21.4 % compared to the previous year. The operating profit percentage was at 5.9 % (EBIT: 57.5 mDKK), while net earnings were 47.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.7 %, 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. OveKi ApS's liquidity measured by quick ratio was 1.7 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
Volume
Net sales1 100.571 125.951 237.63973.39
Gross profit1 100.571 125.95482.47392.86
EBIT50.32130.28129.2057.48
Net earnings141.3679.6193.7347.24
Shareholders equity total714.94779.83854.87803.88
Balance sheet total (assets)1 168.201 415.111 464.901 331.41
Net debt- 206.32- 144.92
Profitability
EBIT-%4.6 %11.6 %10.4 %5.9 %
ROA4.3 %10.1 %10.4 %6.9 %
ROE19.8 %10.7 %19.0 %28.6 %
ROI4.3 %10.1 %11.6 %8.4 %
Economic value added (EVA)50.3294.3556.6713.18
Solvency
Equity ratio100.0 %100.0 %59.0 %60.7 %
Gearing32.1 %33.3 %
Relative net indebtedness %6.4 %6.7 %
Liquidity
Quick ratio1.71.7
Current ratio2.93.0
Cash and cash equivalents480.87412.59
Capital use efficiency
Trade debtors turnover (days)32.526.8
Net working capital %25.8 %27.4 %
Credit risk
Credit ratingBBBAAAAAAA

Variable visualization

ROA:6.90%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.7%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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