Novigo Supply & Trading ApS — Credit Rating and Financial Key Figures

Novigo Supply & Trading ApS (CVR number: 41234369) is a company from FAXE. The company reported a net sales of 3.8 mDKK in 2023, demonstrating a decline of -11.7 % compared to the previous year. The operating profit percentage was at 14.8 % (EBIT: 0.6 mDKK), while net earnings were 429.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.8 %, which can be considered excellent and Return on Equity (ROE) was 64.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.1 %, 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. Novigo Supply & Trading ApS's liquidity measured by quick ratio was 2 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.