Credit rating
Company information
About Novi Tech ApS
Novi Tech ApS (CVR number: 38600427) is a company from GREVE. The company recorded a gross profit of -28.6 kDKK in 2023. The operating profit was -47 kDKK, while net earnings were -47.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -73.9 %, which can be considered poor and Return on Equity (ROE) was -130.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32 %, 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. Novi Tech ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 47.76 | -93.16 | 93.81 | -26.83 | -28.59 |
EBIT | -54.03 | - 160.83 | 25.34 | -65.72 | -47.03 |
Net earnings | -53.52 | - 161.36 | 24.94 | -66.54 | -47.79 |
Shareholders equity total | 263.57 | 102.21 | 127.15 | 60.60 | 12.82 |
Balance sheet total (assets) | 381.87 | 182.63 | 169.01 | 86.94 | 40.04 |
Net debt | - 130.21 | -26.91 | -96.51 | -54.52 | -22.88 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.6 % | -57.0 % | 14.4 % | -51.4 % | -73.9 % |
ROE | -18.4 % | -88.2 % | 21.7 % | -70.9 % | -130.2 % |
ROI | -18.0 % | -87.9 % | 22.1 % | -70.0 % | -127.8 % |
Economic value added (EVA) | -68.44 | - 167.53 | 21.56 | -67.26 | -47.34 |
Solvency | |||||
Equity ratio | 69.0 % | 56.0 % | 75.2 % | 69.7 % | 32.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 0.6 | 2.7 | 2.6 | 1.5 |
Current ratio | 1.8 | 1.0 | 2.7 | 2.6 | 1.5 |
Cash and cash equivalents | 130.21 | 26.91 | 96.51 | 54.52 | 22.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | B | B |
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