NOVATECH HOLDING ApS — Credit Rating and Financial Key Figures

NOVATECH HOLDING ApS (CVR number: 30589890K) is a company from AALBORG. The company reported a net sales of 321.8 mDKK in 2024, demonstrating a decline of -2.2 % compared to the previous year. The operating profit percentage was at 7.8 % (EBIT: 25.2 mDKK), while net earnings were 19.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NOVATECH HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.