NOVA ADMINISTRATION ApS — Credit Rating and Financial Key Figures

NOVA ADMINISTRATION ApS (CVR number: 33592655) is a company from ODENSE. The company reported a net sales of 2.8 mDKK in 2023, demonstrating a decline of -4.3 % compared to the previous year. The operating profit percentage was at 31.1 % (EBIT: 0.9 mDKK), while net earnings were 501 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. NOVA ADMINISTRATION 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.