A/S OVETHI — Credit Rating and Financial Key Figures

A/S OVETHI (CVR number: 11562949) is a company from MIDDELFART. The company recorded a gross profit of 42.9 mDKK in 2023. The operating profit was 6943 kDKK, while net earnings were 4272 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. A/S OVETHI's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.