Odense IT IVS — Credit Rating and Financial Key Figures

Odense IT IVS (CVR number: 38539922) is a company from ODENSE. The company reported a net sales of 0 mDKK in 2018, demonstrating a growth of 1811.1 % compared to the previous year. The operating profit percentage was at 54.8 % (EBIT: 0 mDKK), while net earnings were 8.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 128.7 %, which can be considered excellent and Return on Equity (ROE) was 195.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Odense IT IVS's liquidity measured by quick ratio was 2 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.