NORTVIG FORSTSERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 34459053
Nørhovedvej 4, Nørhoved 8766 Nørre Snede
kontor@forst-service.dk
tel: 40576117
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Credit rating

Company information

Official name
NORTVIG FORSTSERVICE ApS
Personnel
13 persons
Established
2012
Domicile
Nørhoved
Company form
Private limited company
Industry

About NORTVIG FORSTSERVICE ApS

NORTVIG FORSTSERVICE ApS (CVR number: 34459053) is a company from IKAST-BRANDE. The company recorded a gross profit of 1280.6 kDKK in 2024. The operating profit was 746 kDKK, while net earnings were -265.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -2.1 %, which can be considered poor. 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. NORTVIG FORSTSERVICE ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 342.682 871.514 254.282 720.671 280.64
EBIT941.302 491.343 660.822 170.59746.00
Net earnings527.211 813.072 425.81874.84- 265.88
Shareholders equity total7 478.639 291.7011 717.5112 592.3512 326.47
Balance sheet total (assets)27 907.1330 975.2443 669.3842 754.4342 236.17
Net debt15 903.3716 520.1222 975.3725 012.9924 330.50
Profitability
EBIT-%
ROA3.4 %8.5 %9.8 %5.0 %1.8 %
ROE7.3 %21.6 %23.1 %7.2 %-2.1 %
ROI3.8 %9.4 %10.8 %5.4 %1.9 %
Economic value added (EVA)- 448.42689.551 473.82- 334.34-1 440.70
Solvency
Equity ratio26.8 %30.0 %26.8 %29.5 %29.2 %
Gearing212.7 %177.8 %223.4 %198.7 %200.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.50.30.4
Current ratio1.71.71.51.51.5
Cash and cash equivalents2.672.673 196.367.66337.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.76%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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