NPV DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NPV DEVELOPMENT ApS
NPV DEVELOPMENT ApS (CVR number: 31186595) is a company from GENTOFTE. The company recorded a gross profit of -929.3 kDKK in 2023. The operating profit was -929.3 kDKK, while net earnings were 51.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 14.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NPV DEVELOPMENT ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 704.60 | -2 292.18 | 2 933.13 | -1 003.20 | - 929.28 |
EBIT | - 789.60 | -2 472.18 | 2 933.13 | -1 003.20 | - 929.28 |
Net earnings | -7 070.28 | 47 691.08 | 210 041.10 | - 110 444.42 | 51 315.21 |
Shareholders equity total | 57 707.49 | 105 398.57 | 315 439.67 | -10 004.74 | 151 310.47 |
Balance sheet total (assets) | 607 889.73 | 736 854.89 | 1 016 855.93 | 973 816.99 | 1 021 924.82 |
Net debt | 23 012.89 | 16 070.51 | 431 091.86 | 776 638.76 | 727 699.54 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | 9.9 % | 26.4 % | -5.6 % | -0.4 % |
ROE | -11.5 % | 58.5 % | 99.8 % | -17.1 % | 9.1 % |
ROI | 3.1 % | 21.5 % | 47.5 % | -11.0 % | 10.1 % |
Economic value added (EVA) | 15 651.88 | 12 750.35 | 20 846.14 | 13 541.50 | 5 281.87 |
Solvency | |||||
Equity ratio | 9.5 % | 14.3 % | 31.0 % | -1.0 % | 14.8 % |
Gearing | 40.3 % | 42.3 % | 141.7 % | -7772.5 % | 481.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 0.6 | 0.6 | 0.9 | 1.4 |
Current ratio | 1.5 | 0.6 | 0.6 | 0.9 | 1.4 |
Cash and cash equivalents | 216.39 | 28 548.55 | 15 868.38 | 979.28 | 292.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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