NOWAS A/S

NOWAS A/S (CVR number: 37839213) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 16.5 mDKK in 2023. The operating profit was 3841.2 kDKK, while net earnings were 2203.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.8 %, 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. NOWAS A/S'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.