NoVi Fitness ApS — Credit Rating and Financial Key Figures

NoVi Fitness ApS (CVR number: 40168230) is a company from SILKEBORG. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -72.6 % compared to the previous year. The operating profit percentage was at 30.5 % (EBIT: 0 mDKK), while net earnings were 5.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NoVi Fitness ApS's liquidity measured by quick ratio was 2 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.