NOVIVO ApS — Credit Rating and Financial Key Figures

NOVIVO ApS (CVR number: 36065451) is a company from FAVRSKOV. The company recorded a gross profit of 103.8 kDKK in 2019. The operating profit was 11 kDKK, while net earnings were 22.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. NOVIVO ApS's liquidity measured by quick ratio was 4.9 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.