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

Ovodan Foods A/S (CVR number: 78878428) is a company from ODENSE. The company reported a net sales of 418.9 mDKK in 2023, demonstrating a decline of -2.9 % compared to the previous year. The operating profit percentage was at 9.7 % (EBIT: 40.7 mDKK), while net earnings were 25.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent and Return on Equity (ROE) was 27 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ovodan Foods A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.