NORKAB A/S

CVR number: 20775300
Østersøvej 3, 9990 Skagen

Credit rating

Company information

Official name
NORKAB A/S
Personnel
33 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About NORKAB A/S

NORKAB A/S (CVR number: 20775300) is a company from FREDERIKSHAVN. The company recorded a gross profit of 15.2 mDKK in 2023. The operating profit was 3306.2 kDKK, while net earnings were 2546.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORKAB A/S's liquidity measured by quick ratio was 1.9 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
20192020202120222023
Volume
Net sales
Gross profit9 229.058 165.9511 188.7211 600.7715 182.24
EBIT2 346.672 565.143 109.272 043.213 306.23
Net earnings1 802.091 960.142 396.341 554.802 546.71
Shareholders equity total10 198.4612 158.6014 554.9313 109.7312 656.44
Balance sheet total (assets)12 198.3515 319.2617 239.2416 087.9815 653.33
Net debt-2 707.84-4 675.36-4 368.75-4 562.84-2 282.04
Profitability
EBIT-%
ROA20.4 %18.6 %19.2 %12.3 %21.1 %
ROE18.7 %17.5 %17.9 %11.2 %19.8 %
ROI23.6 %22.1 %22.9 %14.6 %25.2 %
Economic value added (EVA)1 479.701 639.792 056.601 067.472 155.86
Solvency
Equity ratio83.6 %79.4 %84.4 %81.5 %80.9 %
Gearing3.1 %1.7 %1.0 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.43.02.41.9
Current ratio4.23.85.44.64.4
Cash and cash equivalents3 028.074 883.504 368.754 696.592 666.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:21.1%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.9%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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