Nova Time ApS — Credit Rating and Financial Key Figures

CVR number: 37102849
Vestervangsvej 16 A, 8800 Viborg
ip@ip-q.dk
tel: 26805326

Credit rating

Company information

Official name
Nova Time ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Nova Time ApS

Nova Time ApS (CVR number: 37102849) is a company from VIBORG. The company recorded a gross profit of 154.2 kDKK in 2022. The operating profit was 33.4 kDKK, while net earnings were 24.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.4 %, which can be considered excellent and Return on Equity (ROE) was 141.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nova Time ApS's liquidity measured by quick ratio was 1.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-7.04154.16
EBIT-7.0433.40
Net earnings-7.0724.14
Shareholders equity total-7.0717.07
Balance sheet total (assets)106.50
Net debt0.57-75.79
Profitability
EBIT-%
ROA-99.6 %29.4 %
ROE141.4 %
ROI-1224.0 %146.9 %
Economic value added (EVA)-7.0425.07
Solvency
Equity ratio-100.0 %16.0 %
Gearing-8.1 %29.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.2
Current ratio1.2
Cash and cash equivalents80.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:29.4%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.0%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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