ODDEN ApS — Credit Rating and Financial Key Figures

ODDEN ApS (CVR number: 32282601) is a company from RANDERS. The company recorded a gross profit of -88.6 kDKK in 2022. The operating profit was -153.6 kDKK, while net earnings were -279.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was -11.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. ODDEN ApS's liquidity measured by quick ratio was 4.2 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.