NOFA ApS — Credit Rating and Financial Key Figures

CVR number: 10978106
Martinsvej 8, 1926 Frederiksberg C
info@cityapartment.dk
tel: 70330100

Company information

Official name
NOFA ApS
Established
1987
Company form
Private limited company
Industry

About NOFA ApS

NOFA ApS (CVR number: 10978106) is a company from FREDERIKSBERG. The company reported a net sales of 4.1 mDKK in 2023, demonstrating a growth of 5.2 % compared to the previous year. The operating profit percentage was poor at -22.2 % (EBIT: -0.9 mDKK), while net earnings were -925.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.8 %, 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. NOFA ApS's liquidity measured by quick ratio was 16.1 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 693.313 769.683 925.373 860.734 059.95
Gross profit2 425.003 103.462 308.013 075.322 260.06
EBIT6 525.0017 557.146 417.911 330.54- 901.98
Net earnings5 094.8913 747.255 134.751 175.58- 925.06
Shareholders equity total31 093.4744 840.7249 975.4751 151.0550 225.99
Balance sheet total (assets)78 604.0495 608.28101 592.73102 540.91100 838.98
Net debt31 554.3231 554.3231 554.3231 603.6631 615.99
Profitability
EBIT-%176.7 %465.7 %163.5 %34.5 %-22.2 %
ROA8.9 %20.5 %6.9 %1.7 %-0.3 %
ROE17.8 %36.2 %10.8 %2.3 %-1.8 %
ROI9.0 %20.7 %6.9 %1.8 %-0.4 %
Economic value added (EVA)2 203.2810 546.511 167.12-3 059.05-4 861.96
Solvency
Equity ratio39.6 %46.9 %49.2 %49.9 %49.8 %
Gearing101.5 %70.4 %63.1 %61.8 %62.9 %
Relative net indebtedness %902.0 %885.4 %848.5 %866.6 %821.7 %
Liquidity
Quick ratio6.38.612.213.416.1
Current ratio6.38.612.213.416.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)1.4
Net working capital %127.8 %190.1 %231.3 %300.5 %322.0 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:-0.35%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.8%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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