NOVATECH ApS — Credit Rating and Financial Key Figures

NOVATECH ApS (CVR number: 19273008) is a company from AALBORG. The company recorded a gross profit of 6026.7 kDKK in 2024. The operating profit was -1094.9 kDKK, while net earnings were 14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.4 %, 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. NOVATECH ApS's liquidity measured by quick ratio was 1.3 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.