NVOLVE ApS — Credit Rating and Financial Key Figures

CVR number: 37259675
Marselis Tværvej 4, 8000 Aarhus C
info@assessit.dk
tel: 40570220
www.assessit.dk
Free credit report

Credit rating

Company information

Official name
NVOLVE ApS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry

About NVOLVE ApS

NVOLVE ApS (CVR number: 37259675) is a company from AARHUS. The company recorded a gross profit of -108.1 kDKK in 2023. The operating profit was -108.1 kDKK, while net earnings were -84.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -20.4 %, which can be considered poor. 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. NVOLVE ApS'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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.04318.1589.4310.53- 108.13
EBIT-46.26284.1171.43-54.85- 108.13
Net earnings-49.04279.0451.07-42.47-84.34
Shareholders equity total180.67459.71510.78468.31360.18
Balance sheet total (assets)1 187.641 599.261 400.321 397.171 113.71
Net debt- 878.29-1 075.51-1 051.38- 851.23- 628.19
Profitability
EBIT-%
ROA-3.8 %20.4 %4.3 %-4.1 %-8.6 %
ROE-7.1 %87.1 %10.5 %-8.7 %-20.4 %
ROI-51.2 %88.7 %13.2 %-11.6 %-26.1 %
Economic value added (EVA)-16.48319.1689.95-13.17-65.10
Solvency
Equity ratio15.2 %28.7 %36.5 %33.5 %32.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.11.31.51.41.3
Current ratio1.11.31.51.41.3
Cash and cash equivalents878.291 075.511 051.38851.23628.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-8.61%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.3%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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