GONOVO ApS — Credit Rating and Financial Key Figures

GONOVO ApS (CVR number: 39511967) is a company from HVIDOVRE. The company reported a net sales of 0.8 mDKK in 2019. The operating profit percentage was at 168.8 % (EBIT: 1.4 mDKK), while net earnings were 1350 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1227.3 %, which can be considered excellent and Return on Equity (ROE) was 2700 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GONOVO ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.