NovoEntreprise APS — Credit Rating and Financial Key Figures

NovoEntreprise APS (CVR number: 37877085) is a company from AARHUS. The company recorded a gross profit of 61.1 kDKK in 2023. The operating profit was 51.2 kDKK, while net earnings were -21.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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. NovoEntreprise APS's liquidity measured by quick ratio was 2.3 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.