NOVENCO MARINE & OFFSHORE A/S — Credit Rating and Financial Key Figures

NOVENCO MARINE & OFFSHORE A/S (CVR number: 33785682) is a company from KØGE. The company reported a net sales of 184.6 mDKK in 2024, demonstrating a growth of 6.5 % compared to the previous year. The operating profit percentage was at 16.3 % (EBIT: 30 mDKK), while net earnings were 31.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.3 %, which can be considered excellent and Return on Equity (ROE) was 54.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.9 %, 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. NOVENCO MARINE & OFFSHORE A/S's liquidity measured by quick ratio was 1.4 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.