NOVA Invest ApS — Credit Rating and Financial Key Figures

CVR number: 38074687
Gl. Landevej 159, Ryaa 9440 Aabybro

Credit rating

Company information

Official name
NOVA Invest ApS
Established
2016
Domicile
Ryaa
Company form
Private limited company
Industry

About NOVA Invest ApS

NOVA Invest ApS (CVR number: 38074687) is a company from JAMMERBUGT. The company recorded a gross profit of 148.2 kDKK in 2023. The operating profit was 110.3 kDKK, while net earnings were 50.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 12.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NOVA Invest 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit139.49204.21115.77189.62148.19
EBIT101.54166.2677.82151.67110.25
Net earnings20.5474.1815.7684.4450.78
Shareholders equity total229.17303.35319.11404.20454.97
Balance sheet total (assets)3 737.813 868.273 663.103 647.843 703.49
Net debt2 889.652 730.902 880.492 812.532 730.07
Profitability
EBIT-%
ROA2.7 %4.4 %2.1 %4.1 %3.0 %
ROE9.4 %27.9 %5.1 %23.3 %11.8 %
ROI3.2 %5.2 %2.4 %4.7 %3.4 %
Economic value added (EVA)-83.43-26.99-96.04-41.34-75.90
Solvency
Equity ratio6.1 %7.8 %8.7 %11.1 %12.3 %
Gearing1278.2 %965.7 %909.8 %705.1 %626.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.20.30.5
Current ratio0.10.40.20.30.5
Cash and cash equivalents39.49198.4822.8537.58120.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.00%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.3%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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