NOVIA DESIGNS ApS — Credit Rating and Financial Key Figures

CVR number: 85750410
Nordlysvænget 10 A, 3000 Helsingør

Company information

Official name
NOVIA DESIGNS ApS
Personnel
2 persons
Established
1979
Company form
Private limited company
Industry

About NOVIA DESIGNS ApS

NOVIA DESIGNS ApS (CVR number: 85750410) is a company from HELSINGØR. The company recorded a gross profit of -52 kDKK in 2023. The operating profit was -277.6 kDKK, while net earnings were -273.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, which can be considered poor and Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NOVIA DESIGNS ApS's liquidity measured by quick ratio was 11 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.63-34.28-59.27316.44-52.00
EBIT- 299.67- 332.99- 359.3316.10- 277.57
Net earnings- 210.89- 303.77- 340.90- 119.50- 273.70
Shareholders equity total1 916.051 612.281 271.381 151.87878.18
Balance sheet total (assets)2 107.961 966.491 339.221 268.57966.23
Net debt-1 935.11-1 696.32-1 280.35-1 165.20- 882.21
Profitability
EBIT-%
ROA-8.4 %-14.4 %-19.0 %2.5 %-23.4 %
ROE-10.4 %-17.2 %-23.6 %-9.9 %-27.0 %
ROI-8.6 %-14.9 %-19.7 %2.5 %-23.8 %
Economic value added (EVA)- 286.54- 324.69- 341.7518.96- 271.90
Solvency
Equity ratio90.9 %82.0 %94.9 %90.8 %90.9 %
Gearing7.6 %16.5 %3.8 %8.6 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio11.05.619.710.911.0
Current ratio11.05.619.710.911.0
Cash and cash equivalents2 081.041 962.171 328.331 264.61952.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-23.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.9%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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