NoVi Fitness ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NoVi Fitness ApS
NoVi Fitness ApS (CVR number: 40168230) is a company from SILKEBORG. The company reported a net sales of 0 mDKK in 2024, demonstrating a growth of 41.7 % compared to the previous year. The operating profit percentage was at 49.2 % (EBIT: 0 mDKK), while net earnings were 13.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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 2.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 178.39 | 82.73 | 91.24 | 25.04 | 35.49 |
Gross profit | 68.50 | 21.71 | 25.70 | 7.63 | 17.47 |
EBIT | 68.50 | 21.71 | 25.70 | 7.63 | 17.47 |
Net earnings | 53.24 | 16.64 | 21.10 | 5.29 | 13.73 |
Shareholders equity total | 117.31 | 133.95 | 155.05 | 160.34 | 174.07 |
Balance sheet total (assets) | 241.12 | 225.75 | 251.73 | 234.16 | 254.57 |
Net debt | -66.04 | 35.40 | 14.32 | 14.32 | 9.75 |
Profitability | |||||
EBIT-% | 38.4 % | 26.2 % | 28.2 % | 30.5 % | 49.2 % |
ROA | 35.4 % | 9.4 % | 10.9 % | 3.1 % | 7.2 % |
ROE | 58.7 % | 13.2 % | 14.6 % | 3.4 % | 8.2 % |
ROI | 41.2 % | 10.8 % | 11.7 % | 3.4 % | 7.6 % |
Economic value added (EVA) | 46.41 | 7.19 | 10.26 | -6.39 | 2.40 |
Solvency | |||||
Equity ratio | 48.7 % | 59.3 % | 61.6 % | 68.5 % | 68.4 % |
Gearing | 65.7 % | 57.5 % | 49.7 % | 39.3 % | 36.2 % |
Relative net indebtedness % | -10.8 % | 60.6 % | 37.2 % | 100.0 % | 76.5 % |
Liquidity | |||||
Quick ratio | 1.7 | 0.7 | 1.6 | 2.0 | 2.3 |
Current ratio | 1.9 | 2.5 | 2.6 | 3.2 | 3.2 |
Cash and cash equivalents | 143.08 | 41.63 | 62.71 | 48.77 | 53.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 142.3 | 24.8 | 300.3 | 1 378.7 | 1 324.7 |
Net working capital % | 65.8 % | 161.9 % | 169.9 % | 640.3 % | 490.4 % |
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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