NOWACO A/S — Credit Rating and Financial Key Figures

NOWACO A/S (CVR number: 62497718K) is a company from AALBORG. The company reported a net sales of 3229.9 mDKK in 2023, demonstrating a decline of -6.2 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 47.2 mDKK), while net earnings were 34.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46.7 %, 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. NOWACO A/S's liquidity measured by quick ratio was 1.5 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.