OV EJENDOMSSELSKAB FARSØ ApS — Credit Rating and Financial Key Figures

CVR number: 36401869
Nordvangsvej 54, Skovgårde Strand 8961 Allingåbro
linehou@privat.dk
tel: 22872876

Credit rating

Company information

Official name
OV EJENDOMSSELSKAB FARSØ ApS
Established
2014
Domicile
Skovgårde Strand
Company form
Private limited company
Industry

About OV EJENDOMSSELSKAB FARSØ ApS

OV EJENDOMSSELSKAB FARSØ ApS (CVR number: 36401869) is a company from NORDDJURS. The company recorded a gross profit of 205.7 kDKK in 2023. The operating profit was 164 kDKK, while net earnings were 99.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. OV EJENDOMSSELSKAB FARSØ ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit120.17145.96154.72159.59205.74
EBIT89.71111.48115.44118.74164.01
Net earnings60.1455.8641.6362.6999.16
Shareholders equity total149.32205.18246.81309.50408.66
Balance sheet total (assets)2 130.352 319.602 347.552 305.842 312.91
Net debt1 922.752 022.601 947.891 961.531 807.20
Profitability
EBIT-%
ROA5.6 %5.2 %4.9 %5.1 %7.1 %
ROE50.4 %31.5 %18.4 %22.5 %27.6 %
ROI6.0 %5.2 %5.0 %5.2 %7.2 %
Economic value added (EVA)-14.41-10.13-8.69-24.667.54
Solvency
Equity ratio7.0 %8.8 %10.5 %13.4 %17.7 %
Gearing1313.5 %1017.7 %842.2 %637.4 %456.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.11.10.10.5
Current ratio0.60.11.10.10.5
Cash and cash equivalents38.6865.49130.8411.1759.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.10%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.7%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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