NOVA SOLO A/S

NOVA SOLO A/S (CVR number: 36426705) is a company from AARHUS. The company reported a net sales of 13 mDKK in 2023, demonstrating a decline of -11.8 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 0.9 mDKK), while net earnings were 1170 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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. NOVA SOLO A/S's liquidity measured by quick ratio was 2.2 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.