Novatag Tagdækning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Novatag Tagdækning ApS
Novatag Tagdækning ApS (CVR number: 37912220) is a company from SOLRØD. The company recorded a gross profit of 2783 kDKK in 2024. The operating profit was -116.8 kDKK, while net earnings were -135.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -20.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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. Novatag Tagdækning ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 535.46 | 3 215.95 | 2 972.79 | 3 400.49 | 2 782.97 |
EBIT | 410.50 | 356.47 | 53.58 | 366.22 | - 116.83 |
Net earnings | 120.58 | 120.58 | - 128.82 | 184.88 | - 135.30 |
Shareholders equity total | 540.49 | 661.07 | 532.25 | 717.12 | 581.83 |
Balance sheet total (assets) | 3 343.84 | 2 712.78 | 2 616.23 | 2 418.48 | 1 656.15 |
Net debt | 94.82 | 680.21 | 1 028.06 | 481.76 | 244.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.3 % | 11.8 % | 2.5 % | 14.6 % | -5.6 % |
ROE | 25.1 % | 20.1 % | -21.6 % | 29.6 % | -20.8 % |
ROI | 34.0 % | 25.9 % | 4.1 % | 23.6 % | -9.5 % |
Economic value added (EVA) | 238.52 | 192.60 | -35.51 | 198.38 | - 164.79 |
Solvency | |||||
Equity ratio | 16.2 % | 24.4 % | 20.3 % | 54.8 % | 47.5 % |
Gearing | 117.4 % | 138.9 % | 214.4 % | 100.0 % | 66.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 1.4 | 2.1 | 1.4 |
Current ratio | 1.4 | 1.6 | 1.6 | 1.9 | 1.6 |
Cash and cash equivalents | 539.72 | 237.74 | 113.34 | 235.03 | 140.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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