NOVAX SOFTWARE ApS — Credit Rating and Financial Key Figures

NOVAX SOFTWARE ApS (CVR number: 30567846) is a company from AARHUS. The company recorded a gross profit of 8859 kDKK in 2024. The operating profit was -1553.8 kDKK, while net earnings were -1141.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.9 %, which can be considered poor and Return on Equity (ROE) was -61.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NOVAX SOFTWARE ApS's liquidity measured by quick ratio was 1.3 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.