OVE K. INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 30816846
Ny Østergade 7, 1101 København K
kraksfond@kraksfond.dk
tel: 53571061

Company information

Official name
OVE K. INVEST A/S
Personnel
7 persons
Established
2007
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales7 800.007 800.007 800.00
Gross profit2 778.113 114.324 204.354 200.904 496.84
EBIT- 733.00-1 547.96- 413.59- 593.79- 260.17
Net earnings-3 919.15-1 819.8511 445.7218 088.50869.45
Shareholders equity total68 585.8066 765.9478 211.6694 978.6981 714.54
Balance sheet total (assets)121 959.06131 142.45130 249.78100 687.4897 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 %
ROA1.1 %1.4 %10.2 %15.8 %1.3 %
ROE-5.6 %-2.7 %15.8 %20.9 %1.0 %
ROI1.1 %1.4 %13.8 %20.9 %7.7 %
Economic value added (EVA)1 393.30- 812.34888.67625.53-1 218.65
Solvency
Equity ratio56.2 %50.9 %60.0 %94.3 %83.6 %
Gearing76.3 %94.5 %65.9 %5.3 %18.9 %
Relative net indebtedness %-647.1 %-902.9 %-856.8 %
Liquidity
Quick ratio2.32.02.517.46.0
Current ratio2.32.02.517.46.0
Cash and cash equivalents94 923.6091 589.88102 511.9476 136.4682 894.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-137.8 %252.9 %-15.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:1.26%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.6%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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