NOVITET DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 10104556
Stejlhøj 40, 4400 Kalundborg
mail@novitet.dk
https://novitet.dk

Credit rating

Company information

Official name
NOVITET DANMARK ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About NOVITET DANMARK ApS

NOVITET DANMARK ApS (CVR number: 10104556) is a company from KALUNDBORG. The company recorded a gross profit of 910.8 kDKK in 2024. The operating profit was 420.7 kDKK, while net earnings were 340.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent and Return on Equity (ROE) was 23.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NOVITET DANMARK ApS's liquidity measured by quick ratio was 3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit291.55439.37672.041 021.38910.81
EBIT76.51210.43394.02469.31420.68
Net earnings56.95161.25304.29362.93340.79
Shareholders equity total444.71605.96910.251 273.181 613.96
Balance sheet total (assets)1 030.91897.221 363.651 875.462 316.34
Net debt77.623.44- 826.56-1 339.63-1 481.07
Profitability
EBIT-%
ROA7.8 %21.8 %34.9 %29.2 %20.9 %
ROE13.7 %30.7 %40.1 %33.2 %23.6 %
ROI12.2 %30.7 %48.9 %43.0 %30.2 %
Economic value added (EVA)31.31129.73271.88314.64263.08
Solvency
Equity ratio43.1 %67.5 %66.8 %67.9 %69.7 %
Gearing51.2 %14.2 %0.8 %0.6 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.32.62.93.0
Current ratio1.62.92.93.13.3
Cash and cash equivalents150.0082.88834.121 347.131 489.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:20.9%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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