Novalead ApS — Credit Rating and Financial Key Figures

Novalead ApS (CVR number: 37908282) is a company from FREDERIKSBERG. The company recorded a gross profit of 66.4 kDKK in 2019. The operating profit was -66.3 kDKK, while net earnings were -70.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -78.9 %, which can be considered poor and Return on Equity (ROE) was -130.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. Novalead ApS's liquidity measured by quick ratio was 1.8 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.