ØV10 Holding A/S — Credit Rating and Financial Key Figures

ØV10 Holding A/S (CVR number: 37226963K) is a company from SKANDERBORG. The company reported a net sales of 495.2 mDKK in 2019, demonstrating a growth of 5.4 % compared to the previous year. The operating profit percentage was at 6.4 % (EBIT: 31.7 mDKK), while net earnings were 19.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 23.4 %, 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. ØV10 Holding A/S's liquidity measured by quick ratio was 1.1 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.