NOVI INNOVATION A/S — Credit Rating and Financial Key Figures

CVR number: 15251743
Niels Jernes Vej 10, 9220 Aalborg Øst
novi@novi.dk
tel: 98161244

Company information

Official name
NOVI INNOVATION A/S
Personnel
2 persons
Established
1991
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings253.2210 691.259 270.85-4 346.4723 137.05
Shareholders equity total39 060.9949 752.2459 023.0954 676.6177 813.66
Balance sheet total (assets)39 797.6750 169.0459 669.1154 971.9177 978.80
Net debt-3 881.552.64419.76-18 583.01-14 240.49
Profitability
EBIT-%
ROA0.6 %20.7 %14.9 %-8.9 %10.0 %
ROE0.7 %24.1 %17.0 %-7.6 %34.9 %
ROI0.7 %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 ratio98.1 %99.2 %98.9 %99.5 %99.8 %
Gearing0.6 %1.0 %0.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio14.819.02.176.3283.1
Current ratio14.819.02.176.3283.1
Cash and cash equivalents3 881.55290.22147.1518 759.9814 316.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:9.99%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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