Nuvve Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nuvve Denmark ApS
Nuvve Denmark ApS (CVR number: 37217344) is a company from KØBENHAVN. The company recorded a gross profit of 1223.3 kDKK in 2023. The operating profit was -869.3 kDKK, while net earnings were -906.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.2 %, which can be considered poor and Return on Equity (ROE) was -12.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nuvve Denmark ApS'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2 076.59 | -1 279.63 | 454.73 | - 767.37 | 1 223.32 |
EBIT | -4 397.95 | -3 479.74 | -1 572.95 | -3 428.38 | - 869.34 |
Net earnings | -4 739.31 | -2 607.83 | -2 256.19 | -3 694.03 | - 906.33 |
Shareholders equity total | -11 339.09 | -13 946.92 | 3 244.26 | - 449.77 | - 632.41 |
Balance sheet total (assets) | 719.64 | 2 221.11 | 5 416.80 | 8 302.12 | 5 757.02 |
Net debt | 11 408.42 | 15 317.66 | 1 418.88 | 7 585.09 | 5 731.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -45.8 % | -18.5 % | -20.9 % | -48.6 % | -11.2 % |
ROE | -750.7 % | -177.4 % | -82.6 % | -64.0 % | -12.9 % |
ROI | -48.2 % | -19.4 % | -22.4 % | -55.5 % | -12.6 % |
Economic value added (EVA) | -4 058.14 | -2 909.95 | - 872.11 | -3 591.40 | - 846.74 |
Solvency | |||||
Equity ratio | -94.0 % | -86.3 % | 59.9 % | -5.1 % | -9.9 % |
Gearing | -100.6 % | -109.8 % | 43.7 % | -1686.4 % | -908.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 2.6 | 0.8 | 0.7 |
Current ratio | 0.1 | 0.1 | 2.6 | 0.8 | 0.7 |
Cash and cash equivalents | 12.66 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
Variable visualization
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