ØREVAD ApS — Credit Rating and Financial Key Figures

ØREVAD ApS (CVR number: 29917809) is a company from FREDERIKSBERG. The company recorded a gross profit of -16.6 kDKK in 2018. The operating profit was -16.6 kDKK, while net earnings were -13.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.7 %, which can be considered poor and Return on Equity (ROE) was -12.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ØREVAD ApS's liquidity measured by quick ratio was 24.8 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.