November First A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About November First A/S
November First A/S (CVR number: 37367605) is a company from KØBENHAVN. The company recorded a gross profit of -3056.4 kDKK in 2024. The operating profit was -9690.5 kDKK, while net earnings were -8602.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -151 %, which can be considered poor and Return on Equity (ROE) was -253.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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. November First A/S's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2 035.81 | -2 669.80 | -2 260.05 | -4 186.91 | -3 056.37 |
EBIT | -6 515.58 | -8 702.55 | -12 308.18 | -12 031.75 | -9 690.53 |
Net earnings | -6 026.70 | -8 208.21 | -11 475.47 | -11 192.12 | -8 602.26 |
Shareholders equity total | 9 467.74 | 5 459.52 | 2 684.05 | 2 217.93 | 4 570.67 |
Balance sheet total (assets) | 11 762.57 | 9 835.27 | 5 382.34 | 6 034.33 | 6 672.70 |
Net debt | -9 444.11 | -7 158.67 | -1 684.33 | -1 592.31 | -3 081.27 |
Profitability | |||||
EBIT-% | |||||
ROA | -83.7 % | -80.6 % | -161.6 % | -209.3 % | -151.0 % |
ROE | -107.0 % | -110.0 % | -281.8 % | -456.6 % | -253.4 % |
ROI | -109.4 % | -109.9 % | -286.2 % | -456.7 % | -269.6 % |
Economic value added (EVA) | -6 014.37 | -8 135.81 | -11 363.47 | -11 292.51 | -8 699.29 |
Solvency | |||||
Equity ratio | 84.6 % | 75.8 % | 52.6 % | 52.3 % | 70.6 % |
Gearing | 14.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.1 | 6.4 | 2.0 | 2.9 | 2.4 |
Current ratio | 5.6 | 2.1 | 1.7 | 1.4 | 2.1 |
Cash and cash equivalents | 9 444.11 | 7 158.67 | 1 684.33 | 1 921.07 | 3 081.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.