Nowaco Holding A/S — Credit Rating and Financial Key Figures

Nowaco Holding A/S (CVR number: 44163721K) is a company from AALBORG. The company reported a net sales of 3219.8 mDKK in 2024, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 27.8 mDKK), while net earnings were 10 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 34.9 %, 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. Nowaco Holding A/S's liquidity measured by quick ratio was 1.2 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.