Nowtek ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nowtek ApS
Nowtek ApS (CVR number: 37821721) is a company from ALBERTSLUND. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -2368.5 kDKK, while net earnings were 248.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -139.9 %, which can be considered poor but Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Nowtek ApS's liquidity measured by quick ratio was 1.6 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 | 953.69 | 1 757.47 | |||
EBIT | -85.72 | -12.01 | -2 339.68 | -2 221.60 | -2 368.51 |
Net earnings | -82.49 | -23.38 | 416.72 | -6.57 | 248.71 |
Shareholders equity total | 247.13 | 223.00 | 639.72 | 634.90 | 883.61 |
Balance sheet total (assets) | 576.23 | 1 255.37 | 1 697.76 | 1 584.50 | 1 798.05 |
Net debt | - 445.35 | - 388.27 | 57.20 | - 181.31 | |
Profitability | |||||
EBIT-% | |||||
ROA | -10.3 % | -1.3 % | -158.0 % | -135.2 % | -139.9 % |
ROE | -28.6 % | -9.9 % | 96.6 % | -1.0 % | 32.8 % |
ROI | -28.3 % | -5.0 % | -538.2 % | -309.1 % | -258.4 % |
Economic value added (EVA) | -87.71 | -24.03 | -1 784.27 | -1 589.77 | -1 776.62 |
Solvency | |||||
Equity ratio | 42.9 % | 17.8 % | 37.7 % | 40.1 % | 49.1 % |
Gearing | 24.0 % | 17.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.9 | 1.1 | 1.0 | 1.6 |
Current ratio | 1.4 | 0.9 | 1.1 | 1.0 | 1.6 |
Cash and cash equivalents | 445.35 | 388.27 | 95.27 | 333.69 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
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