NOVITAS HOLDING ApS — Credit Rating and Financial Key Figures

NOVITAS HOLDING ApS (CVR number: 32474152) is a company from ODENSE. The company recorded a gross profit of -21.1 kDKK in 2023. The operating profit was -21.1 kDKK, while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.3 %, which can be considered excellent and Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.3 %, 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. NOVITAS HOLDING ApS's liquidity measured by quick ratio was 3.1 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.