A/S OVETHI — Credit Rating and Financial Key Figures

CVR number: 11562949
Odensevej 35-37, Tårup 5591 Gelsted
ovethi@ovethi.dk
tel: 64492163
Free credit report Annual report

Company information

Official name
A/S OVETHI
Personnel
75 persons
Established
1987
Domicile
Tårup
Company form
Limited company
Industry

About A/S OVETHI

A/S OVETHI (CVR number: 11562949) is a company from MIDDELFART. The company recorded a gross profit of 41.6 mDKK in 2024. The operating profit was 5277 kDKK, while net earnings were 2951 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.8 %, 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 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit35 939.0044 865.0043 543.0042 898.0041 637.00
EBIT2 993.0011 796.008 763.006 943.005 277.00
Net earnings2 089.008 859.006 128.004 272.002 951.00
Shareholders equity total14 976.0021 436.0021 064.0019 336.0016 287.00
Balance sheet total (assets)62 391.0070 704.0074 518.0065 821.0074 865.00
Net debt21 460.0025 469.00
Profitability
EBIT-%
ROA4.9 %17.7 %12.1 %10.1 %7.7 %
ROE14.2 %48.7 %28.8 %21.1 %16.6 %
ROI4.9 %17.7 %12.1 %11.8 %10.9 %
Economic value added (EVA)2 270.0511 043.467 685.844 373.861 797.35
Solvency
Equity ratio100.0 %100.0 %100.0 %29.4 %21.8 %
Gearing137.1 %222.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.5
Current ratio1.31.2
Cash and cash equivalents5 051.0010 713.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:7.66%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.8%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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