OTV PLAST A/S — Credit Rating and Financial Key Figures

OTV PLAST A/S (CVR number: 32786308) is a company from VEJEN. The company recorded a gross profit of 26.7 mDKK in 2023. The operating profit was 3035.3 kDKK, while net earnings were 2133.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OTV PLAST A/S's liquidity measured by quick ratio was 0.9 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.