A.R. Nørgaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About A.R. Nørgaard Holding ApS
A.R. Nørgaard Holding ApS (CVR number: 40172750) is a company from RUDERSDAL. The company recorded a gross profit of -11.1 kDKK in 2023. The operating profit was -11.1 kDKK, while net earnings were -11.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.1 %, which can be considered poor and Return on Equity (ROE) was -20.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. A.R. Nørgaard Holding ApS's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -8.01 | -7.65 | -2.75 | -3.63 | -11.11 |
| EBIT | -8.01 | -7.65 | -2.75 | -3.63 | -11.11 |
| Net earnings | 41.53 | 269.97 | -2.76 | -3.63 | -11.11 |
| Shareholders equity total | 46.53 | 66.50 | 63.74 | 60.10 | 48.99 |
| Balance sheet total (assets) | 119.53 | 66.50 | 70.74 | 72.82 | 74.49 |
| Net debt | 25.51 | -4.18 | -0.42 | 0.22 | -0.27 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 33.3 % | 290.8 % | -4.0 % | -5.1 % | -15.1 % |
| ROE | 89.3 % | 477.7 % | -4.2 % | -5.9 % | -20.4 % |
| ROI | 41.2 % | 331.8 % | -4.2 % | -5.9 % | -20.3 % |
| Economic value added (EVA) | -6.25 | -3.54 | -5.88 | -6.82 | -14.14 |
| Solvency | |||||
| Equity ratio | 38.9 % | 100.0 % | 90.1 % | 82.5 % | 65.8 % |
| Gearing | 107.4 % | 0.4 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 10.1 | 5.8 | 2.9 | |
| Current ratio | 0.7 | 10.1 | 5.8 | 2.9 | |
| Cash and cash equivalents | 24.49 | 4.18 | 0.42 | 0.27 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | BB | BB | B |
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