NOVE REN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NOVE REN ApS
NOVE REN ApS (CVR number: 32336329) is a company from BRØNDBY. The company recorded a gross profit of 3083 kDKK in 2023. The operating profit was 137 kDKK, while net earnings were -473.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.7 %, which can be considered poor and Return on Equity (ROE) was -120.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.3 %, 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. NOVE REN ApS's liquidity measured by quick ratio was 0.8 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 | 3 050.69 | 2 410.66 | 2 557.72 | 3 056.79 | 3 082.99 |
EBIT | 257.21 | 272.28 | 165.89 | 200.88 | 136.98 |
Net earnings | 199.61 | 213.13 | 120.88 | 151.04 | - 473.61 |
Shareholders equity total | 509.67 | 722.81 | 479.47 | 630.51 | 156.90 |
Balance sheet total (assets) | 1 190.62 | 1 175.79 | 1 522.13 | 1 206.14 | 645.77 |
Net debt | - 509.94 | - 561.66 | - 682.43 | - 174.64 | - 320.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.9 % | 23.0 % | 12.3 % | 14.7 % | -46.7 % |
ROE | 48.7 % | 34.6 % | 20.1 % | 27.2 % | -120.3 % |
ROI | 49.7 % | 41.3 % | 27.6 % | 34.6 % | -103.0 % |
Economic value added (EVA) | 217.57 | 218.15 | 119.09 | 190.47 | 105.65 |
Solvency | |||||
Equity ratio | 42.8 % | 61.5 % | 31.5 % | 52.3 % | 24.3 % |
Gearing | 6.0 % | 8.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | 1.1 | 0.4 | 0.8 |
Current ratio | 1.1 | 1.5 | 1.1 | 0.4 | 0.8 |
Cash and cash equivalents | 540.35 | 561.66 | 682.43 | 227.30 | 320.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
Variable visualization
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