Novafos Vand Ballerup A/S — Credit Rating and Financial Key Figures

Novafos Vand Ballerup A/S (CVR number: 32659578) is a company from RUDERSDAL. The company reported a net sales of 36 mDKK in 2023, demonstrating a decline of -4.8 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 1 mDKK), while net earnings were -583 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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. Novafos Vand Ballerup A/S's liquidity measured by quick ratio was 1.9 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.