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 7832.6 kDKK in 2023. The operating profit was -325.9 kDKK, while net earnings were -212.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40 %, 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 1.7 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.