NORS AUTO A/S

CVR number: 15234741
Norsvej 75, Nors 7700 Thisted
tel: 97981855

Credit rating

Company information

Official name
NORS AUTO A/S
Established
1991
Domicile
Nors
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About the company

NORS AUTO A/S (CVR number: 15234741) is a company from THISTED. The company recorded a gross profit of 2473.6 kDKK in 2022. The operating profit was 948.4 kDKK, while net earnings were 783.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. NORS AUTO A/S's liquidity measured by quick ratio was 3.1 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
20182019202020212022
Volume
Net sales
Gross profit2 402.252 438.992 660.532 492.972 473.62
EBIT860.681 208.361 354.79997.49948.44
Net earnings671.18954.541 048.33786.60783.27
Shareholders equity total8 822.317 276.865 825.296 611.896 595.16
Balance sheet total (assets)11 233.089 732.567 965.6310 676.118 411.21
Net debt-5 398.00-4 785.12-2 755.02-2 619.67-3 333.02
Profitability
EBIT-%
ROA7.8 %11.8 %15.6 %12.1 %10.9 %
ROE7.5 %11.9 %16.0 %12.6 %11.9 %
ROI8.8 %13.9 %18.9 %16.7 %15.6 %
Economic value added (EVA)559.08832.92953.28670.56538.88
Solvency
Equity ratio78.5 %74.8 %73.1 %61.9 %78.4 %
Gearing12.5 %6.1 %16.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.42.72.71.93.1
Current ratio4.13.43.42.23.8
Cash and cash equivalents6 502.615 232.613 695.382 619.673 333.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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