Novatag Tagdækning ApS — Credit Rating and Financial Key Figures

Novatag Tagdækning ApS (CVR number: 37912220) is a company from SOLRØD. The company recorded a gross profit of 3394.5 kDKK in 2023. The operating profit was 366.3 kDKK, while net earnings were 184.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.3 %, 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. Novatag Tagdækning ApS's liquidity measured by quick ratio was 2.1 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.