Novafos Spildevand Frederikssund A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Novafos Spildevand Frederikssund A/S
Novafos Spildevand Frederikssund A/S (CVR number: 32260934) is a company from RUDERSDAL. The company reported a net sales of 81.9 mDKK in 2023, demonstrating a decline of -4.7 % compared to the previous year. The operating profit percentage was at 3 % (EBIT: 2.5 mDKK), while net earnings were 376 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Novafos Spildevand Frederikssund A/S'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 82.44 | 82.92 | 85.38 | 85.89 | 81.86 |
Gross profit | 55.45 | 54.16 | 61.52 | 58.23 | 56.62 |
EBIT | 2.36 | 0.10 | 9.63 | 4.77 | 2.49 |
Net earnings | 0.81 | -1.75 | 6.64 | -0.56 | 0.38 |
Shareholders equity total | 1 612.69 | 1 610.94 | 1 617.58 | 1 617.01 | 1 617.39 |
Balance sheet total (assets) | 1 723.81 | 1 722.49 | 1 744.61 | 1 754.42 | 1 777.24 |
Net debt | 99.57 | 100.54 | |||
Profitability | |||||
EBIT-% | 2.9 % | 0.1 % | 11.3 % | 5.6 % | 3.0 % |
ROA | 0.1 % | 0.0 % | 0.6 % | 0.3 % | 0.2 % |
ROE | 0.1 % | -0.1 % | 0.4 % | -0.0 % | 0.0 % |
ROI | 0.1 % | 0.0 % | 0.6 % | 0.3 % | 0.2 % |
Economic value added (EVA) | -82.21 | -80.94 | -71.32 | -77.89 | -84.27 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 92.2 % | 91.0 % |
Gearing | 6.2 % | 6.3 % | |||
Relative net indebtedness % | 147.7 % | 180.6 % | |||
Liquidity | |||||
Quick ratio | 2.2 | 1.4 | |||
Current ratio | 2.2 | 1.4 | |||
Cash and cash equivalents | 0.33 | 0.65 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.5 | 82.1 | |||
Net working capital % | 43.3 % | 24.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | A | AAA | AA |
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