Royal Nova ApS — Credit Rating and Financial Key Figures

Royal Nova ApS (CVR number: 21350206) is a company from KØBENHAVN. The company recorded a gross profit of 5499.7 kDKK in 2023. The operating profit was 546.7 kDKK, while net earnings were 281.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -12.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Royal Nova ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.