NOVENCO BUILDING & INDUSTRY A/S — Credit Rating and Financial Key Figures

NOVENCO BUILDING & INDUSTRY A/S (CVR number: 16926647) is a company from NÆSTVED. The company reported a net sales of 629.2 mDKK in 2024, demonstrating a growth of 85.9 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 2.5 mDKK), while net earnings were 13.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NOVENCO BUILDING & INDUSTRY A/S's liquidity measured by quick ratio was 7.2 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.