NOVARE ApS — Credit Rating and Financial Key Figures

CVR number: 43739506
Gentoftegade 60, 2820 Gentofte
Free credit report Annual report

Credit rating

Company information

Official name
NOVARE ApS
Personnel
4 persons
Established
2022
Company form
Private limited company
Industry

About NOVARE ApS

NOVARE ApS (CVR number: 43739506) is a company from GENTOFTE. The company recorded a gross profit of 2763.7 kDKK in 2024. The operating profit was 530.7 kDKK, while net earnings were 344.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.7 %, which can be considered excellent and Return on Equity (ROE) was 71.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.2 %, 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. NOVARE ApS's liquidity measured by quick ratio was 1.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit2 789.922 763.70
EBIT274.26530.70
Net earnings211.79344.65
Shareholders equity total411.79551.44
Balance sheet total (assets)1 361.121 337.15
Net debt149.00- 553.13
Profitability
EBIT-%
ROA20.2 %39.7 %
ROE51.4 %71.6 %
ROI44.1 %91.1 %
Economic value added (EVA)213.92312.81
Solvency
Equity ratio30.3 %41.2 %
Gearing51.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.6
Current ratio1.31.6
Cash and cash equivalents61.80553.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:39.7%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.2%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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