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

Novafos Vand Gentofte A/S (CVR number: 31885299) is a company from RUDERSDAL. The company reported a net sales of 32.6 mDKK in 2023, demonstrating a decline of -10.4 % compared to the previous year. The operating profit percentage was poor at -8.2 % (EBIT: -2.7 mDKK), while net earnings were -9528 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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 Gentofte A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.