Oticon Denmark A/S — Credit Rating and Financial Key Figures

Oticon Denmark A/S (CVR number: 42338028) is a company from EGEDAL. The company recorded a gross profit of 34.7 mDKK in 2023. The operating profit was 2466 kDKK, while net earnings were 1599 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Oticon Denmark A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.