NOVAVISION HOLDING ApS — Credit Rating and Financial Key Figures

NOVAVISION HOLDING ApS (CVR number: 29208603) is a company from ODDER. The company recorded a gross profit of -12 kDKK in 2018. The operating profit was -12 kDKK, while net earnings were 2804 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.3 %, which can be considered excellent and Return on Equity (ROE) was 49.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NOVAVISION HOLDING ApS's liquidity measured by quick ratio was 2.7 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.