OVE K. INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OVE K. INVEST A/S
OVE K. INVEST A/S (CVR number: 30816846) is a company from KØBENHAVN. The company reported a net sales of 7.8 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was poor at -3.3 % (EBIT: -0.3 mDKK), while net earnings were 869.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OVE K. INVEST A/S's liquidity measured by quick ratio was 6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 800.00 | 7 800.00 | 7 800.00 | ||
Gross profit | 2 778.11 | 3 114.32 | 4 204.35 | 4 200.90 | 4 496.84 |
EBIT | - 733.00 | -1 547.96 | - 413.59 | - 593.79 | - 260.17 |
Net earnings | -3 919.15 | -1 819.85 | 11 445.72 | 18 088.50 | 869.45 |
Shareholders equity total | 68 585.80 | 66 765.94 | 78 211.66 | 94 978.69 | 81 714.54 |
Balance sheet total (assets) | 121 959.06 | 131 142.45 | 130 249.78 | 100 687.48 | 97 780.05 |
Net debt | -42 615.45 | -28 525.81 | -50 942.26 | -71 107.31 | -67 454.87 |
Profitability | |||||
EBIT-% | -5.3 % | -7.6 % | -3.3 % | ||
ROA | 1.1 % | 1.4 % | 10.2 % | 15.8 % | 1.3 % |
ROE | -5.6 % | -2.7 % | 15.8 % | 20.9 % | 1.0 % |
ROI | 1.1 % | 1.4 % | 13.8 % | 20.9 % | 7.7 % |
Economic value added (EVA) | 1 393.30 | - 812.34 | 888.67 | 625.53 | -1 218.65 |
Solvency | |||||
Equity ratio | 56.2 % | 50.9 % | 60.0 % | 94.3 % | 83.6 % |
Gearing | 76.3 % | 94.5 % | 65.9 % | 5.3 % | 18.9 % |
Relative net indebtedness % | -647.1 % | -902.9 % | -856.8 % | ||
Liquidity | |||||
Quick ratio | 2.3 | 2.0 | 2.5 | 17.4 | 6.0 |
Current ratio | 2.3 | 2.0 | 2.5 | 17.4 | 6.0 |
Cash and cash equivalents | 94 923.60 | 91 589.88 | 102 511.94 | 76 136.46 | 82 894.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -137.8 % | 252.9 % | -15.9 % | ||
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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