Novafos Vand Gladsaxe A/S — Credit Rating and Financial Key Figures

Novafos Vand Gladsaxe A/S (CVR number: 31885582) is a company from RUDERSDAL. The company reported a net sales of 24.9 mDKK in 2023, demonstrating a decline of -45.4 % compared to the previous year. The operating profit percentage was poor at -37 % (EBIT: -9.2 mDKK), while net earnings were -17.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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. Novafos Vand Gladsaxe A/S's liquidity measured by quick ratio was 1.5 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.