Novafos Vand Egedal A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Novafos Vand Egedal A/S
Novafos Vand Egedal A/S (CVR number: 32145841) is a company from RUDERSDAL. The company reported a net sales of 8.9 mDKK in 2023, demonstrating a decline of -4.5 % compared to the previous year. The operating profit percentage was poor at -6.8 % (EBIT: -0.6 mDKK), while net earnings were -618 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Novafos Vand Egedal A/S's liquidity measured by quick ratio was 1.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 9 299.00 | 8 872.00 | 8 912.00 | 9 322.00 | 8 900.00 |
Gross profit | 6 842.00 | 6 755.00 | 6 881.00 | 6 828.00 | 6 641.00 |
EBIT | 949.00 | 1 058.00 | 1 372.00 | 584.00 | - 605.00 |
Net earnings | 1 606.00 | 1 700.00 | 1 362.00 | 505.00 | - 618.00 |
Shareholders equity total | 158 355.00 | 160 055.00 | 161 417.00 | 161 922.00 | 161 304.00 |
Balance sheet total (assets) | 163 866.00 | 168 158.00 | 173 574.00 | 178 911.00 | 188 204.00 |
Net debt | 5 114.00 | 14 939.00 | |||
Profitability | |||||
EBIT-% | 10.2 % | 11.9 % | 15.4 % | 6.3 % | -6.8 % |
ROA | 0.6 % | 0.6 % | 0.8 % | 0.3 % | -0.1 % |
ROE | 1.0 % | 1.1 % | 0.8 % | 0.3 % | -0.4 % |
ROI | 0.6 % | 0.6 % | 0.8 % | 0.4 % | -0.1 % |
Economic value added (EVA) | -6 918.29 | -6 899.34 | -6 670.76 | -7 527.20 | -8 994.34 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 90.5 % | 85.7 % |
Gearing | 3.2 % | 9.3 % | |||
Relative net indebtedness % | 181.9 % | 301.6 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 1.4 | |||
Current ratio | 0.8 | 1.4 | |||
Cash and cash equivalents | 28.00 | 59.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.5 | 9.6 | |||
Net working capital % | -25.0 % | 53.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AA |
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