OveKi ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 100.57 | 1 125.95 | 1 237.63 | 973.39 |
Gross profit | 1 100.57 | 1 125.95 | 482.47 | 392.86 |
EBIT | 50.32 | 130.28 | 129.20 | 57.48 |
Net earnings | 141.36 | 79.61 | 93.73 | 47.24 |
Shareholders equity total | 714.94 | 779.83 | 854.87 | 803.88 |
Balance sheet total (assets) | 1 168.20 | 1 415.11 | 1 464.90 | 1 331.41 |
Net debt | - 206.32 | - 144.92 | ||
Profitability | ||||
EBIT-% | 4.6 % | 11.6 % | 10.4 % | 5.9 % |
ROA | 4.3 % | 10.1 % | 10.4 % | 6.9 % |
ROE | 19.8 % | 10.7 % | 19.0 % | 28.6 % |
ROI | 4.3 % | 10.1 % | 11.6 % | 8.4 % |
Economic value added (EVA) | 50.32 | 94.35 | 56.67 | 13.18 |
Solvency | ||||
Equity ratio | 100.0 % | 100.0 % | 59.0 % | 60.7 % |
Gearing | 32.1 % | 33.3 % | ||
Relative net indebtedness % | 6.4 % | 6.7 % | ||
Liquidity | ||||
Quick ratio | 1.7 | 1.7 | ||
Current ratio | 2.9 | 3.0 | ||
Cash and cash equivalents | 480.87 | 412.59 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 32.5 | 26.8 | ||
Net working capital % | 25.8 % | 27.4 % | ||
Credit risk | ||||
Credit rating | BBB | A | AAA | AAA |
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