Noonateq ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Noonateq ApS
Noonateq ApS (CVR number: 40310835) is a company from KØBENHAVN. The company recorded a gross profit of 1409.8 kDKK in 2024, demonstrating a decline of -13.4 % compared to the previous year. The operating profit was 116.7 kDKK, while net earnings were 88 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. Noonateq ApS's liquidity measured by quick ratio was 4.2 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 382.41 | 958.85 | 1 940.24 | 3 762.25 | |
Gross profit | 319.33 | 713.75 | 1 606.35 | 1 628.47 | 1 409.85 |
EBIT | 319.33 | 713.75 | 675.73 | 544.60 | 116.66 |
Net earnings | 244.73 | 515.34 | 503.44 | 495.73 | 88.00 |
Shareholders equity total | 199.56 | 601.41 | 452.01 | 1 399.67 | 1 487.66 |
Balance sheet total (assets) | 393.89 | 873.08 | 908.10 | 1 741.49 | 1 955.93 |
Net debt | - 345.00 | - 504.15 | - 682.91 | -1 243.67 | -1 614.47 |
Profitability | |||||
EBIT-% | 83.5 % | 74.4 % | 34.8 % | 14.5 % | |
ROA | 130.4 % | 118.7 % | 79.3 % | 44.8 % | 7.9 % |
ROE | 184.7 % | 128.7 % | 95.6 % | 53.5 % | 6.1 % |
ROI | 241.0 % | 168.7 % | 122.5 % | 53.6 % | 6.1 % |
Economic value added (EVA) | 241.44 | 538.79 | 511.89 | 521.89 | 46.32 |
Solvency | |||||
Equity ratio | 50.7 % | 68.9 % | 49.8 % | 80.4 % | 76.1 % |
Gearing | |||||
Relative net indebtedness % | -39.4 % | -24.2 % | -11.7 % | -24.0 % | |
Liquidity | |||||
Quick ratio | 2.0 | 2.5 | 2.3 | 5.0 | 4.2 |
Current ratio | 2.0 | 2.5 | 2.3 | 5.0 | 4.2 |
Cash and cash equivalents | 345.00 | 504.15 | 682.91 | 1 243.67 | 1 614.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 52.2 % | 42.9 % | 24.6 % | 36.4 % | |
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BBB |
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