NOVOFERM DANMARK ApS

CVR number: 26905621
Svendborgvej 39, Hjallese 5260 Odense S
mail@novoferm.dk
tel: 70277383
www.novoferm.dk

Credit rating

Company information

Official name
NOVOFERM DANMARK ApS
Personnel
27 persons
Established
2002
Domicile
Hjallese
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About NOVOFERM DANMARK ApS

NOVOFERM DANMARK ApS (CVR number: 26905621) is a company from ODENSE. The company recorded a gross profit of 13.5 mDKK in 2023. The operating profit was -5281.8 kDKK, while net earnings were -6108.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.6 %, which can be considered poor and Return on Equity (ROE) was -33.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -5.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NOVOFERM DANMARK ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit7 064.008 896.0012 164.0016 807.0013 537.90
EBIT47.00781.00443.00747.00-5 281.75
Net earnings- 410.00719.00142.00301.00-6 108.32
Shareholders equity total-11 874.00-11 154.003 860.004 161.00-1 946.53
Balance sheet total (assets)15 838.0017 181.0027 284.0033 399.0032 124.12
Net debt17 991.0014 751.004 025.0015 411.0019 277.86
Profitability
EBIT-%
ROA0.2 %2.9 %1.7 %2.6 %-15.6 %
ROE-2.5 %4.4 %1.3 %7.5 %-33.7 %
ROI0.3 %3.9 %2.5 %3.6 %-19.5 %
Economic value added (EVA)940.851 311.731 151.44733.33-5 157.48
Solvency
Equity ratio-44.7 %-40.7 %14.2 %12.8 %-5.8 %
Gearing-178.4 %-181.6 %308.9 %529.8 %-1431.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.90.70.6
Current ratio0.60.61.21.10.9
Cash and cash equivalents3 195.005 501.007 899.006 634.008 594.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-15.6%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-5.76%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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