NOVADAN ApS — Credit Rating and Financial Key Figures

NOVADAN ApS (CVR number: 63129216) is a company from KOLDING. The company recorded a gross profit of 109.1 mDKK in 2024. The operating profit was 43.8 mDKK, while net earnings were 34.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 35.5 %, which can be considered excellent and Return on Equity (ROE) was 33.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. NOVADAN ApS's liquidity measured by quick ratio was 3.6 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.