ONNEC Denmark ApS — Credit Rating and Financial Key Figures

ONNEC Denmark ApS (CVR number: 38724290) is a company from ODENSE. The company recorded a gross profit of 29.3 mDKK in 2023. The operating profit was 1992.8 kDKK, while net earnings were 3294.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. ONNEC Denmark ApS's liquidity measured by quick ratio was 1.4 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.