NowiTek ApS — Credit Rating and Financial Key Figures

CVR number: 39728613
Industrivej 43, 9700 Brønderslev
mail@nowitek.dk
tel: 81446730
www.nowitek.dk

Credit rating

Company information

Official name
NowiTek ApS
Personnel
3 persons
Established
2018
Company form
Private limited company
Industry

About NowiTek ApS

NowiTek ApS (CVR number: 39728613) is a company from Brønderslev. The company recorded a gross profit of 4675.2 kDKK in 2023. The operating profit was 2823.3 kDKK, while net earnings were 2197 kDKK. The profitability of the company measured by Return on Assets (ROA) was 97.8 %, which can be considered excellent and Return on Equity (ROE) was 110.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NowiTek ApS's liquidity measured by quick ratio was 3.2 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.

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 profit3 515.253 267.912 893.783 213.874 675.21
EBIT1 316.871 177.54874.851 240.822 823.30
Net earnings1 062.47912.93668.70949.472 197.02
Shareholders equity total1 112.471 025.40344.101 293.582 690.60
Balance sheet total (assets)1 768.241 823.21917.221 878.903 895.03
Net debt- 858.50-1 036.63- 134.80- 181.84- 231.47
Profitability
EBIT-%
ROA74.5 %65.6 %63.8 %88.8 %97.8 %
ROE95.5 %85.4 %97.7 %116.0 %110.3 %
ROI118.4 %110.2 %127.8 %151.1 %141.3 %
Economic value added (EVA)1 065.04906.61677.24941.362 144.76
Solvency
Equity ratio62.9 %56.2 %37.5 %68.8 %69.1 %
Gearing0.4 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.31.63.23.2
Current ratio2.72.31.63.23.2
Cash and cash equivalents858.501 036.63134.80186.46240.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:97.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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