NORFRIG EQUIPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 28515774
Dunkerquegade 9, 2150 Nordhavn
b.klinge@danskin.dk
tel: 20648415

Credit rating

Company information

Official name
NORFRIG EQUIPMENT ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About NORFRIG EQUIPMENT ApS

NORFRIG EQUIPMENT ApS (CVR number: 28515774) is a company from KØBENHAVN. The company recorded a gross profit of 686.8 kDKK in 2023. The operating profit was 28 kDKK, while net earnings were -91.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORFRIG EQUIPMENT ApS's liquidity measured by quick ratio was 7.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit988.42934.84682.59782.70686.83
EBIT-82.02- 120.39-21.07140.4127.96
Net earnings-92.08-27.99- 538.08159.50-91.06
Shareholders equity total-10 943.25-10 971.24-11 509.32-11 349.82-11 440.88
Balance sheet total (assets)6 256.705 252.904 363.934 236.463 788.94
Net debt15 288.6714 736.5214 713.9813 782.1011 910.75
Profitability
EBIT-%
ROA-0.5 %-0.7 %0.3 %0.9 %0.2 %
ROE-1.5 %-0.5 %-11.2 %3.7 %-2.3 %
ROI-0.5 %-0.8 %0.3 %0.9 %0.2 %
Economic value added (EVA)516.36448.37565.79748.76667.85
Solvency
Equity ratio72.8 %80.5 %84.6 %90.9 %88.7 %
Gearing-142.7 %-139.7 %-133.1 %-135.0 %-130.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.43.84.08.07.5
Current ratio3.65.26.511.08.8
Cash and cash equivalents329.07585.92608.471 545.743 026.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:0.18%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.7%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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