NOVOZYMES BIOINDUSTRIAL A/S — Credit Rating and Financial Key Figures

CVR number: 24257908
Krogshøjvej 36, 2880 Bagsværd

Credit rating

Company information

Official name
NOVOZYMES BIOINDUSTRIAL A/S
Established
1974
Company form
Limited company
Industry

About NOVOZYMES BIOINDUSTRIAL A/S

NOVOZYMES BIOINDUSTRIAL A/S (CVR number: 24257908) is a company from GLADSAXE. The company recorded a gross profit of -40.8 kDKK in 2023. The operating profit was -40.8 kDKK, while net earnings were -4027 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was -14.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NOVOZYMES BIOINDUSTRIAL A/S's liquidity measured by quick ratio was 4.6 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-37.57-31.6032.19-36.98-40.80
EBIT-37.57-31.6032.19-36.98-40.80
Net earnings-31.512 470.89637.46-2 970.51-4 027.03
Shareholders equity total26 366.1228 837.0229 474.4829 003.9724 976.94
Balance sheet total (assets)26 366.1231 588.9532 270.0329 039.3425 015.71
Net debt- 581.742 205.662 268.73
Profitability
EBIT-%
ROA-0.1 %-8.7 %2.3 %9.4 %14.6 %
ROE-0.1 %9.0 %2.2 %-10.2 %-14.9 %
ROI-0.1 %8.6 %2.3 %-9.7 %-14.9 %
Economic value added (EVA)1 128.981 126.481 315.021 212.071 066.24
Solvency
Equity ratio100.0 %91.3 %91.3 %99.9 %99.8 %
Gearing9.4 %9.4 %
Relative net indebtedness %
Liquidity
Quick ratio17.00.25.94.6
Current ratio17.00.25.94.6
Cash and cash equivalents581.74515.03495.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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