NOVOFORM ApS — Credit Rating and Financial Key Figures

CVR number: 32329853
Papirfabrikken 74, 8600 Silkeborg
info@novoform.com
tel: 71991200
www.novoform.com
Free credit report Annual report

Credit rating

Company information

Official name
NOVOFORM ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About NOVOFORM ApS

NOVOFORM ApS (CVR number: 32329853) is a company from SILKEBORG. The company recorded a gross profit of 745.9 kDKK in 2024. The operating profit was -114.1 kDKK, while net earnings were -156.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61 %, 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. NOVOFORM ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 947.892 388.161 361.61953.12745.91
EBIT1 032.861 496.38672.96-48.98- 114.09
Net earnings789.561 166.01454.88- 103.56- 156.64
Shareholders equity total2 510.943 676.954 131.834 028.273 871.64
Balance sheet total (assets)3 879.664 799.076 446.346 089.916 349.27
Net debt-1 034.25-1 119.721 027.481 574.171 724.05
Profitability
EBIT-%
ROA30.7 %34.7 %12.1 %-0.4 %-1.5 %
ROE37.3 %37.7 %11.7 %-2.5 %-4.0 %
ROI39.2 %43.4 %14.6 %-0.5 %-1.6 %
Economic value added (EVA)693.111 017.76324.62- 309.40- 377.17
Solvency
Equity ratio64.7 %76.6 %64.1 %66.1 %61.0 %
Gearing21.0 %6.3 %29.9 %41.6 %50.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.30.60.40.3
Current ratio2.84.22.82.92.6
Cash and cash equivalents1 562.031 351.61207.97101.52235.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-1.52%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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