NOVACARE ApS

CVR number: 17478435
Strandvejen 100, 2900 Hellerup
tel: 33330835

Credit rating

Company information

Official name
NOVACARE ApS
Personnel
1 person
Established
1993
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

NOVACARE ApS (CVR number: 17478435) is a company from GENTOFTE. The company recorded a gross profit of -142.7 kDKK in 2023. The operating profit was -145.7 kDKK, while net earnings were -165.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -27.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19 %, 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. NOVACARE ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 262.821 432.38272.30267.11- 142.68
EBIT94.50370.55- 344.03258.47- 145.73
Net earnings-16.78175.80- 344.16106.53- 165.19
Shareholders equity total753.08928.88584.71691.24526.06
Balance sheet total (assets)3 722.713 998.363 835.053 393.812 764.71
Net debt2 078.432 100.991 998.101 874.591 835.11
Profitability
EBIT-%
ROA2.6 %9.6 %-8.8 %7.2 %-4.7 %
ROE-2.2 %20.9 %-45.5 %16.7 %-27.1 %
ROI3.6 %12.6 %-11.5 %9.3 %-5.8 %
Economic value added (EVA)43.27247.99- 285.63189.75- 177.87
Solvency
Equity ratio20.2 %23.2 %15.2 %20.4 %19.0 %
Gearing276.0 %226.2 %403.2 %278.7 %351.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.50.60.7
Current ratio1.21.21.11.21.2
Cash and cash equivalents0.21359.3751.6814.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-4.73%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.0%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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