NORCHEM A/S

CVR number: 21254649
Vandtårnsvej 77, 2860 Søborg
tel: 33414141

Credit rating

Company information

Official name
NORCHEM A/S
Personnel
1 person
Established
1998
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

NORCHEM A/S (CVR number: 21254649K) is a company from GLADSAXE. The company reported a net sales of 14.6 mDKK in 2023, demonstrating a decline of -8.1 % compared to the previous year. The operating profit percentage was poor at -98.1 % (EBIT: -14.3 mDKK), while net earnings were 726.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 30.8 %, which can be considered excellent and Return on Equity (ROE) was 30.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORCHEM A/S's liquidity measured by quick ratio was 78.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales16 953.0017 623.0020 495.0015 873.0014 595.00
Gross profit-3 860.001 409.003 241.00683.00-4 986.00
EBIT-3 860.001 409.003 241.00-9 905.00-14 314.00
Net earnings-54 008.0053 712.00-91 992.00361 286.00726 305.00
Shareholders equity total1 553 493.001 464 439.001 490 973.002 039 010.002 689 316.00
Balance sheet total (assets)1 561 540.001 472 243.001 499 784.002 046 438.002 698 655.00
Net debt- 111 266.00- 345 230.00
Profitability
EBIT-%-22.8 %8.0 %15.8 %-62.4 %-98.1 %
ROA-0.2 %0.1 %0.2 %20.8 %30.8 %
ROE-3.4 %3.6 %-6.2 %20.5 %30.7 %
ROI-0.2 %0.1 %0.2 %20.9 %30.8 %
Economic value added (EVA)-7 424.73-76 654.02-70 347.06-86 509.88-14 983.83
Solvency
Equity ratio100.0 %100.0 %100.0 %99.6 %99.7 %
Gearing0.2 %0.2 %
Relative net indebtedness %-682.6 %-2330.5 %
Liquidity
Quick ratio45.878.7
Current ratio52.482.5
Cash and cash equivalents115 777.00349 478.00
Capital use efficiency
Trade debtors turnover (days)83.985.2
Net working capital %386.8 %2275.4 %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:30.8%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

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