NOVAFOS Mellemholding ApS — Credit Rating and Financial Key Figures

NOVAFOS Mellemholding ApS (CVR number: 31886074K) is a company from GENTOFTE. The company reported a net sales of 288.1 mDKK in 2016. The operating profit percentage was at 12.3 % (EBIT: 35.5 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.6 %, 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. NOVAFOS Mellemholding ApS's liquidity measured by quick ratio was 1.1 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.