OVS Offshore A/S — Credit Rating and Financial Key Figures

CVR number: 38303368
Havnepladsen 12, 9900 Frederikshavn

Credit rating

Company information

Official name
OVS Offshore A/S
Established
2016
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About OVS Offshore A/S

OVS Offshore A/S (CVR number: 38303368) is a company from FREDERIKSHAVN. The company recorded a gross profit of 86.3 kDKK in 2021. The operating profit was 86.3 kDKK, while net earnings were 18 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -75.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. OVS Offshore A/S's liquidity measured by quick ratio was 10.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit- 262.5516.95- 194.65-30.0986.34
EBIT-1 312.55-1 012.59- 982.75- 186.0986.34
Net earnings-1 312.55-1 003.09-1 011.86- 250.0318.00
Shareholders equity total1 192.44189.35- 822.51-1 072.54-1 054.54
Balance sheet total (assets)1 252.42231.61331.82252.70334.85
Net debt-1 070.97-17.71889.92- 245.33- 333.47
Profitability
EBIT-%
ROA-104.8 %-135.2 %-141.8 %-15.0 %6.4 %
ROE-110.1 %-145.2 %-388.3 %-85.5 %6.1 %
ROI-110.1 %-145.2 %-149.1 %-15.4 %6.5 %
Economic value added (EVA)-1 312.55-1 018.69- 991.37- 132.74152.57
Solvency
Equity ratio95.2 %81.8 %-71.3 %-80.9 %-75.9 %
Gearing-137.3 %
Relative net indebtedness %
Liquidity
Quick ratio20.95.50.37.510.5
Current ratio20.95.50.37.510.5
Cash and cash equivalents1 070.9717.71239.23245.33333.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:6.36%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-75.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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