NOVARE ApS

NOVARE ApS (CVR number: 43739506) is a company from GENTOFTE. The company recorded a gross profit of 2789.9 kDKK in 2023. The operating profit was 274.3 kDKK, while net earnings were 211.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 51.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. NOVARE ApS's liquidity measured by quick ratio was 1.3 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.