Novawood ApS — Credit Rating and Financial Key Figures

Novawood ApS (CVR number: 38185683) is a company from HELSINGØR. The company recorded a gross profit of 1014.7 kDKK in 2024. The operating profit was -381.2 kDKK, while net earnings were -293.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.5 %, 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. Novawood ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.