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NOR-ADD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NOR-ADD A/S
NOR-ADD A/S (CVR number: 11535976) is a company from BRØNDBY. The company recorded a gross profit of 70.5 kDKK in 2024. The operating profit was -88.2 kDKK, while net earnings were -125.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -18.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.9 %, 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. NOR-ADD A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 329.02 | -74.25 | 778.07 | 521.71 | 70.54 |
| EBIT | - 816.98 | - 221.73 | 685.47 | 293.12 | -88.23 |
| Net earnings | - 681.31 | - 233.60 | 672.13 | 270.98 | - 125.70 |
| Shareholders equity total | 17.85 | - 215.75 | 456.39 | 727.37 | 601.66 |
| Balance sheet total (assets) | 725.68 | 908.06 | 1 100.64 | 2 178.46 | 2 416.86 |
| Net debt | 16.76 | -0.13 | 43.38 | 105.68 | |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -33.3 % | -24.0 % | 61.6 % | 17.9 % | -3.8 % |
| ROE | -50.1 % | -50.5 % | 98.5 % | 45.8 % | -18.9 % |
| ROI | -48.8 % | -1280.0 % | 289.7 % | 47.7 % | -11.9 % |
| Economic value added (EVA) | - 719.91 | - 222.63 | 695.47 | 270.19 | - 127.06 |
| Solvency | |||||
| Equity ratio | 2.5 % | -19.2 % | 41.5 % | 33.4 % | 24.9 % |
| Gearing | -7.8 % | 6.2 % | 17.6 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.8 | 1.7 | 1.5 | 1.3 |
| Current ratio | 1.0 | 0.8 | 1.7 | 1.5 | 1.3 |
| Cash and cash equivalents | 0.03 | 0.13 | 2.08 | 0.00 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | B | B | BB | BB |
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