NOVEDAS DANMARK ApS — Credit Rating and Financial Key Figures

NOVEDAS DANMARK ApS (CVR number: 21615307) is a company from KØBENHAVN. The company recorded a gross profit of 4.4 kDKK in 2023. The operating profit was -1.1 kDKK, while net earnings were 251 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67 %, 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 3 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.