Novafos Vand Gladsaxe A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Novafos Vand Gladsaxe A/S
Novafos Vand Gladsaxe A/S (CVR number: 31885582) is a company from RUDERSDAL. The company reported a net sales of 45.7 mDKK in 2024, demonstrating a growth of 83.4 % compared to the previous year. The operating profit percentage was at 10.8 % (EBIT: 4.9 mDKK), while net earnings were -4433 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 41.07 | 40.48 | 45.67 | 24.94 | 45.75 |
Gross profit | 23.45 | 23.87 | 32.19 | 12.81 | 29.70 |
EBIT | 2.79 | 2.88 | 11.44 | -9.23 | 4.93 |
Net earnings | -4.73 | -2.69 | 3.72 | -17.85 | -4.43 |
Shareholders equity total | 204.69 | 202.00 | 205.72 | 187.86 | 183.43 |
Balance sheet total (assets) | 483.62 | 510.26 | 571.11 | 609.30 | 617.00 |
Net debt | 389.36 | 402.41 | |||
Profitability | |||||
EBIT-% | 6.8 % | 7.1 % | 25.1 % | -37.0 % | 10.8 % |
ROA | 0.6 % | 0.6 % | 2.1 % | -1.3 % | 1.1 % |
ROE | -2.3 % | -1.3 % | 1.8 % | -9.1 % | -2.4 % |
ROI | 0.6 % | 0.6 % | 2.1 % | -1.4 % | 1.1 % |
Economic value added (EVA) | -7.74 | -7.41 | 1.29 | -19.56 | -24.11 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 30.8 % | 29.7 % |
Gearing | 207.6 % | 220.9 % | |||
Relative net indebtedness % | 1686.9 % | 941.5 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | |||
Current ratio | 1.5 | 1.5 | |||
Cash and cash equivalents | 0.67 | 2.85 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 73.3 | 31.5 | |||
Net working capital % | 87.2 % | 44.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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