Ejendomsselskabet Norgaard ApS

CVR number: 42544191
Fruering Skovmark 65, 8660 Skanderborg

Credit rating

Company information

Official name
Ejendomsselskabet Norgaard ApS
Established
2021
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About Ejendomsselskabet Norgaard ApS

Ejendomsselskabet Norgaard ApS (CVR number: 42544191) is a company from SKANDERBORG. The company recorded a gross profit of 194.7 kDKK in 2023. The operating profit was 156.5 kDKK, while net earnings were 9.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 18.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ejendomsselskabet Norgaard ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20222023
Volume
Net sales
Gross profit196.71194.74
EBIT172.59156.46
Net earnings188.429.91
Shareholders equity total788.42798.33
Balance sheet total (assets)4 433.404 386.92
Net debt3 463.883 506.97
Profitability
EBIT-%
ROA7.7 %3.5 %
ROE23.9 %1.2 %
ROI8.0 %3.6 %
Economic value added (EVA)130.66-52.14
Solvency
Equity ratio17.8 %18.2 %
Gearing446.0 %439.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.0
Current ratio0.10.0
Cash and cash equivalents52.835.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:3.55%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.2%
Rating: 17/100
-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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