NOWACO A/S — Credit Rating and Financial Key Figures

CVR number: 62497718
Prinsensgade 15, 9000 Aalborg
nowaco@nowaco.com
tel: 96308090

Company information

Official name
NOWACO A/S
Personnel
95 persons
Established
1963
Company form
Limited company
Industry

About NOWACO A/S

NOWACO A/S (CVR number: 62497718K) is a company from AALBORG. The company reported a net sales of 3219.8 mDKK in 2024, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 29 mDKK), while net earnings were 17.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.9 %, 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 718.303 097.933 441.973 229.933 219.75
Gross profit126.10120.19148.16123.05111.90
EBIT126.1046.9468.5847.1828.98
Net earnings46.9039.1756.4934.5717.60
Shareholders equity total339.10362.57404.32423.72417.11
Balance sheet total (assets)505.20777.86938.38914.48874.44
Net debt-69.34177.54293.93265.36192.87
Profitability
EBIT-%4.6 %1.5 %2.0 %1.5 %0.9 %
ROA23.9 %7.9 %8.9 %6.1 %4.0 %
ROE14.5 %11.2 %14.7 %8.3 %4.2 %
ROI23.9 %9.7 %11.8 %7.9 %5.5 %
Economic value added (EVA)110.7419.6525.93-0.39-12.56
Solvency
Equity ratio100.0 %47.0 %43.2 %46.7 %47.9 %
Gearing51.5 %76.9 %64.3 %48.8 %
Relative net indebtedness %-2.6 %13.1 %14.3 %15.0 %13.9 %
Liquidity
Quick ratio1.61.31.51.5
Current ratio1.81.61.81.9
Cash and cash equivalents69.349.2417.106.9410.53
Capital use efficiency
Trade debtors turnover (days)69.864.866.876.2
Net working capital %2.6 %10.9 %8.5 %12.9 %12.7 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.04%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Chairman of the board
Chief executive officer
Chief executive officer

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