Nøvling Autoværksted ApS — Credit Rating and Financial Key Figures

Nøvling Autoværksted ApS (CVR number: 44070634) is a company from HERNING. The company recorded a gross profit of 3897.1 kDKK in 2024. The operating profit was 1088.5 kDKK, while net earnings were 811 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.8 %, which can be considered excellent and Return on Equity (ROE) was 91 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. Nøvling Autoværksted ApS's liquidity measured by quick ratio was 1.4 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.