NOVENCO FIRE FIGHTING A/S — Credit Rating and Financial Key Figures

NOVENCO FIRE FIGHTING A/S (CVR number: 29421951) is a company from ESBJERG. The company recorded a gross profit of -20.3 kDKK in 2024. The operating profit was 81 kDKK, while net earnings were 628.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.6 %, which can be considered excellent and Return on Equity (ROE) was 223.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -34.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NOVENCO FIRE FIGHTING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.