ORAS ARMATUR A/S — Credit Rating and Financial Key Figures

ORAS ARMATUR A/S (CVR number: 71372715) is a company from FREDERICIA. The company recorded a gross profit of 12.4 mDKK in 2023. The operating profit was 1868.3 kDKK, while net earnings were 1445.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 53.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.8 %, 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. ORAS ARMATUR A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.