OVENOVER DANMARK ApS — Credit Rating and Financial Key Figures

OVENOVER DANMARK ApS (CVR number: 34478929) is a company from FREDERIKSBERG. The company recorded a gross profit of 4 kDKK in 2019. The operating profit was 4 kDKK, while net earnings were 4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. OVENOVER DANMARK ApS's liquidity measured by quick ratio was 1 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.