NOVEDAS DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 21615307
Livjægergade 33, 2100 København Ø
nis.boysen@novedas.com

Credit rating

Company information

Official name
NOVEDAS DANMARK ApS
Established
1998
Company form
Private limited company
Industry

About NOVEDAS DANMARK ApS

NOVEDAS DANMARK ApS (CVR number: 21615307) is a company from KØBENHAVN. The company recorded a gross profit of 226.4 kDKK in 2024. The operating profit was 220.9 kDKK, while net earnings were 518 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NOVEDAS DANMARK ApS's liquidity measured by quick ratio was 2.8 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 profit91.58159.08186.754.44226.43
EBIT91.58153.53181.20-1.11220.88
Net earnings314.91470.45-14.33251.03517.96
Shareholders equity total2 496.012 966.462 952.143 203.173 721.13
Balance sheet total (assets)3 155.694 294.064 567.164 781.485 833.98
Net debt-2 903.60-3 896.82-4 532.64-4 603.63-5 685.28
Profitability
EBIT-%
ROA11.5 %15.2 %4.3 %6.9 %12.6 %
ROE13.5 %17.2 %-0.5 %8.2 %15.0 %
ROI14.2 %20.7 %6.5 %10.5 %19.3 %
Economic value added (EVA)-46.28-5.7315.62- 149.2111.06
Solvency
Equity ratio79.1 %69.1 %64.6 %67.0 %63.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.42.92.83.02.8
Current ratio4.42.92.83.02.8
Cash and cash equivalents2 903.603 896.824 532.644 603.635 685.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.8%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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