NOVE REN ApS — Credit Rating and Financial Key Figures

NOVE REN ApS (CVR number: 32336329) is a company from BRØNDBY. The company recorded a gross profit of 2106.9 kDKK in 2024. The operating profit was 56.3 kDKK, while net earnings were 43.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.