novitio ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About novitio ApS
novitio ApS (CVR number: 41309296) is a company from AALBORG. The company recorded a gross profit of 877.3 kDKK in 2024. The operating profit was -903.3 kDKK, while net earnings were -1055 kDKK. The profitability of the company measured by Return on Assets (ROA) was -54.3 %, which can be considered poor and Return on Equity (ROE) was -128.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. novitio ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 173.42 | 79.78 | 459.04 | 877.32 | |
EBIT | 62.84 | -59.60 | - 325.59 | - 335.69 | - 903.31 |
Net earnings | 48.57 | -60.96 | - 337.51 | - 376.64 | -1 055.00 |
Shareholders equity total | 88.57 | 27.62 | - 310.75 | - 687.39 | - 992.39 |
Balance sheet total (assets) | 172.72 | 77.99 | 414.03 | 425.75 | 1 221.69 |
Net debt | - 133.39 | -1.04 | 444.73 | 443.57 | 412.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 36.4 % | -47.5 % | -81.1 % | -36.5 % | -54.3 % |
ROE | 54.8 % | -104.9 % | -152.8 % | -89.7 % | -128.1 % |
ROI | 49.1 % | -59.6 % | -98.7 % | -50.2 % | -94.5 % |
Economic value added (EVA) | 49.01 | -55.37 | - 324.68 | - 342.41 | - 883.52 |
Solvency | |||||
Equity ratio | 51.3 % | 35.4 % | -42.9 % | -61.8 % | -44.8 % |
Gearing | 44.4 % | 161.5 % | -189.0 % | -109.1 % | -117.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 1.5 | 3.0 | 0.8 | 0.8 |
Current ratio | 2.5 | 1.5 | 3.0 | 0.8 | 0.8 |
Cash and cash equivalents | 172.72 | 45.63 | 142.64 | 306.43 | 750.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | C |
Variable visualization
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