Rovsing Financial Health
How is Rovsing's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ROV's short term assets (DKK16.0M) do not cover its short term liabilities (DKK18.9M).
Long Term Liabilities: ROV's short term assets (DKK16.0M) exceed its long term liabilities (DKK5.5M).
Debt to Equity History and Analysis
Debt Level: ROV's net debt to equity ratio (180.9%) is considered high.
Reducing Debt: ROV's debt to equity ratio has increased from 53.9% to 181% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ROV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ROV has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.5% each year.