OLIVER FURNITURE A/S — Credit Rating and Financial Key Figures

OLIVER FURNITURE A/S (CVR number: 20650079) is a company from HELSINGØR. The company recorded a gross profit of 16.9 mDKK in 2023. The operating profit was 2492.7 kDKK, while net earnings were 1928.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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. OLIVER FURNITURE A/S's liquidity measured by quick ratio was 1 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.