Novo Holdings A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Novo Holdings A/S
Novo Holdings A/S (CVR number: 24257630K) is a company from GENTOFTE. The company recorded a gross profit of -1150000 kDKK in 2024. The operating profit was 58802 mDKK, while net earnings were 53077 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.1 %, which can be considered excellent and Return on Equity (ROE) was 30.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. Novo Holdings A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 733 000.00 | - 945 000.00 | -1 150 000.00 | ||
EBIT | 28 550 000.00 | 36 750 000.00 | 2 337 000.00 | 30 268 000.00 | 58 802 000.00 |
Net earnings | 25 443 000.00 | 33 327 000.00 | 6 642 000.00 | 25 431 000.00 | 53 077 000.00 |
Shareholders equity total | 131 334 000.00 | 158 661 000.00 | 127 303 000.00 | 152 734 000.00 | 200 311 000.00 |
Balance sheet total (assets) | 155 581 000.00 | 187 252 000.00 | 186 248 000.00 | 210 521 000.00 | 259 236 000.00 |
Net debt | -83 000.00 | 58 000.00 | 22 481 000.00 | 20 636 000.00 | 16 828 000.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.9 % | 21.5 % | 1.3 % | 15.3 % | 25.1 % |
ROE | 20.8 % | 23.0 % | 4.6 % | 18.2 % | 30.1 % |
ROI | 23.2 % | 25.3 % | 1.6 % | 18.7 % | 29.9 % |
Economic value added (EVA) | 22 814 515.25 | 30 137 753.25 | -5 056 431.21 | 22 748 100.65 | 50 026 490.75 |
Solvency | |||||
Equity ratio | 84.4 % | 84.7 % | 68.4 % | 72.6 % | 77.3 % |
Gearing | 0.2 % | 0.2 % | 18.0 % | 14.3 % | 9.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
Cash and cash equivalents | 336 000.00 | 190 000.00 | 411 000.00 | 1 267 000.00 | 2 058 000.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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