NOVEL CABINET MAKERS ApS — Credit Rating and Financial Key Figures

NOVEL CABINET MAKERS ApS (CVR number: 34899444) is a company from FREDERIKSBERG. The company recorded a gross profit of 1882.6 kDKK in 2024. The operating profit was 343.5 kDKK, while net earnings were 224.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 95.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NOVEL CABINET MAKERS ApS's liquidity measured by quick ratio was 1.2 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.