Novafos Spildevand Ballerup A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Novafos Spildevand Ballerup A/S
Novafos Spildevand Ballerup A/S (CVR number: 32659586) is a company from RUDERSDAL. The company reported a net sales of 81.4 mDKK in 2023, demonstrating a growth of 18.9 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 1 mDKK), while net earnings were -1900 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Novafos Spildevand 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 57.60 | 67.72 | 74.36 | 68.50 | 81.42 |
Gross profit | 34.79 | 45.05 | 51.51 | 46.19 | 61.93 |
EBIT | -15.19 | 6.95 | 12.07 | 5.76 | 1.00 |
Net earnings | -14.06 | 22.56 | 12.37 | 22.55 | -1.90 |
Shareholders equity total | 1 013.62 | 1 036.18 | 1 046.34 | 1 068.89 | 1 066.99 |
Balance sheet total (assets) | 1 061.04 | 1 081.13 | 1 124.31 | 1 171.36 | 1 181.70 |
Net debt | 56.98 | 68.41 | |||
Profitability | |||||
EBIT-% | -26.4 % | 10.3 % | 16.2 % | 8.4 % | 1.2 % |
ROA | -1.4 % | 0.6 % | 1.1 % | 2.0 % | -0.0 % |
ROE | -1.4 % | 2.2 % | 1.2 % | 2.1 % | -0.2 % |
ROI | -1.5 % | 0.6 % | 1.1 % | 2.1 % | -0.0 % |
Economic value added (EVA) | -65.50 | -43.98 | -40.00 | -46.82 | -54.20 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 91.3 % | 90.3 % |
Gearing | 5.5 % | 6.5 % | |||
Relative net indebtedness % | 147.3 % | 139.9 % | |||
Liquidity | |||||
Quick ratio | 1.8 | 1.9 | |||
Current ratio | 1.8 | 1.9 | |||
Cash and cash equivalents | 1.59 | 0.79 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.6 | 15.5 | |||
Net working capital % | 55.5 % | 54.3 % | |||
Credit risk | |||||
Credit rating | BBB | A | A | AAA | AA |
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