NOVI INNOVATION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NOVI INNOVATION A/S
NOVI INNOVATION A/S (CVR number: 15251743) is a company from AALBORG. The company recorded a gross profit of -1189.7 kDKK in 2024. The operating profit was -1314.7 kDKK, while net earnings were 23.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NOVI INNOVATION A/S's liquidity measured by quick ratio was 283.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 894.07 | - 168.70 | - 151.67 | - 398.96 | -1 189.73 |
EBIT | - 894.07 | - 368.70 | - 276.67 | - 523.96 | -1 314.73 |
Net earnings | 253.22 | 10 691.25 | 9 270.85 | -4 346.47 | 23 137.05 |
Shareholders equity total | 39 060.99 | 49 752.24 | 59 023.09 | 54 676.61 | 77 813.66 |
Balance sheet total (assets) | 39 797.67 | 50 169.04 | 59 669.11 | 54 971.91 | 77 978.80 |
Net debt | -3 881.55 | 2.64 | 419.76 | -18 583.01 | -14 240.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.6 % | 20.7 % | 14.9 % | -8.9 % | 10.0 % |
ROE | 0.7 % | 24.1 % | 17.0 % | -7.6 % | 34.9 % |
ROI | 0.7 % | 20.9 % | 15.0 % | -8.9 % | 10.0 % |
Economic value added (EVA) | -2 844.96 | -2 331.51 | -2 711.20 | -3 366.41 | -3 689.85 |
Solvency | |||||
Equity ratio | 98.1 % | 99.2 % | 98.9 % | 99.5 % | 99.8 % |
Gearing | 0.6 % | 1.0 % | 0.3 % | 0.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 14.8 | 19.0 | 2.1 | 76.3 | 283.1 |
Current ratio | 14.8 | 19.0 | 2.1 | 76.3 | 283.1 |
Cash and cash equivalents | 3 881.55 | 290.22 | 147.15 | 18 759.98 | 14 316.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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