Novozymes Biopharma DK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Novozymes Biopharma DK A/S
Novozymes Biopharma DK A/S (CVR number: 29603537) is a company from GLADSAXE. The company recorded a gross profit of 911.8 kDKK in 2023. The operating profit was 911.8 kDKK, while net earnings were 14.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Novozymes Biopharma DK A/S's liquidity measured by quick ratio was 17 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 316 786.25 | 47 194.25 | 58 720.43 | - 399.20 | 911.76 |
EBIT | 316 786.25 | 47 194.25 | 58 720.43 | - 399.20 | 911.76 |
Net earnings | 247 692.86 | 41 162.27 | 51 118.95 | 266 066.30 | 14 907.71 |
Shareholders equity total | 356 191.95 | 97 354.22 | 108 473.16 | 321 539.47 | 71 447.18 |
Balance sheet total (assets) | 542 397.87 | 167 511.89 | 123 196.07 | 322 996.09 | 75 919.79 |
Net debt | 162.62 | - 280.91 | - 464.49 | - 378.63 | - 374.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 96.2 % | 15.1 % | 47.8 % | 120.7 % | 9.7 % |
ROE | 106.6 % | 18.2 % | 49.7 % | 123.7 % | 7.6 % |
ROI | 111.8 % | 17.4 % | 52.9 % | 125.2 % | 9.9 % |
Economic value added (EVA) | 241 830.05 | 19 043.87 | 41 301.68 | -5 827.14 | -15 421.03 |
Solvency | |||||
Equity ratio | 65.7 % | 58.1 % | 88.0 % | 99.5 % | 94.1 % |
Gearing | 0.2 % | 0.2 % | 0.0 % | 0.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.6 | 12.4 | 8.4 | 221.7 | 17.0 |
Current ratio | 6.6 | 12.4 | 8.4 | 221.7 | 17.0 |
Cash and cash equivalents | 522.69 | 429.35 | 464.49 | 500.51 | 507.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | B |
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