NVS DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 35646485
Søbjergvej 57, 7430 Ikast

Credit rating

Company information

Official name
NVS DEVELOPMENT ApS
Established
2014
Company form
Private limited company
Industry

About NVS DEVELOPMENT ApS

NVS DEVELOPMENT ApS (CVR number: 35646485) is a company from IKAST-BRANDE. The company recorded a gross profit of 353.6 kDKK in 2024. The operating profit was 318.1 kDKK, while net earnings were 109 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NVS DEVELOPMENT ApS's liquidity measured by quick ratio was 0.5 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 profit392.67412.51387.71356.63353.57
EBIT357.16377.00352.20321.12318.06
Net earnings218.88242.06220.86132.81109.04
Shareholders equity total594.94837.001 057.86890.67999.71
Balance sheet total (assets)4 588.814 601.154 531.894 486.324 365.61
Net debt3 382.823 144.782 935.453 006.052 918.05
Profitability
EBIT-%
ROA7.8 %8.2 %7.7 %7.1 %7.2 %
ROE45.1 %33.8 %23.3 %13.6 %11.5 %
ROI8.3 %8.7 %8.1 %7.5 %7.6 %
Economic value added (EVA)51.5667.9847.1617.7923.53
Solvency
Equity ratio13.0 %18.2 %23.4 %19.9 %22.9 %
Gearing621.6 %417.0 %309.9 %371.5 %315.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.80.60.5
Current ratio0.70.80.80.50.5
Cash and cash equivalents315.60345.57342.55302.45239.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.20%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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