NATIONAL OILWELL VARCO DENMARK I/S — Credit Rating and Financial Key Figures

NATIONAL OILWELL VARCO DENMARK I/S (CVR number: 24255298) is a company from BRØNDBY. The company reported a net sales of 1520.2 mDKK in 2023, demonstrating a growth of 11.8 % compared to the previous year. The operating profit percentage was at 14.3 % (EBIT: 216.8 mDKK), while net earnings were 267.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. NATIONAL OILWELL VARCO DENMARK I/S's liquidity measured by quick ratio was 3.2 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.