NOVAX A/S — Credit Rating and Financial Key Figures

NOVAX A/S (CVR number: 73145317) is a company from AARHUS. The company recorded a gross profit of 39.3 mDKK in 2024. The operating profit was 2639 kDKK, while net earnings were 2087.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 40.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.3 %, 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. NOVAX A/S's liquidity measured by quick ratio was 1.3 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.