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Denmark
In shortNapatech A/s is loss-making, burns cash and holds more cash than debt, with revenue growing (+25.9% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -55.1% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -55.0% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -45.0% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -32.9% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 4.57× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.14× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -14.80× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.36 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -23.3% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 1 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 25.2% | 18/100 |
| Operating margin volatility | 43.0% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -2.6% | 2/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
DKK millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 195 | 159 | 183 | 116 | 147 |
| Cost of revenue | 55 | 69 | 49 | 37 | 45 |
| Gross profit | 140 | 90 | 134 | 79 | 102 |
| Operating income | 31 | (46) | (33) | (116) | (81) |
| Interest expense | 0.6 | 1.5 | 3.9 | 3.8 | 5.5 |
| Pre-tax income | 37 | (44) | (36) | (117) | (85) |
| Income tax | (3.2) | 4.1 | (4.4) | (5.8) | (4.5) |
| Net income | 40 | (48) | (32) | (111) | (81) |
| Diluted EPS | kr0.47 | −kr580.00 | −kr360.00 | −kr1.15 | −kr0.76 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
0.36 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Dec 31, 2025