NORCHEM A/S
Credit rating
Company information
About NORCHEM A/S
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 16 953.00 | 17 623.00 | 20 495.00 | 15 873.00 | 14 595.00 |
Gross profit | -3 860.00 | 1 409.00 | 3 241.00 | 683.00 | -4 986.00 |
EBIT | -3 860.00 | 1 409.00 | 3 241.00 | -9 905.00 | -14 314.00 |
Net earnings | -54 008.00 | 53 712.00 | -91 992.00 | 361 286.00 | 726 305.00 |
Shareholders equity total | 1 553 493.00 | 1 464 439.00 | 1 490 973.00 | 2 039 010.00 | 2 689 316.00 |
Balance sheet total (assets) | 1 561 540.00 | 1 472 243.00 | 1 499 784.00 | 2 046 438.00 | 2 698 655.00 |
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 ratio | 100.0 % | 100.0 % | 100.0 % | 99.6 % | 99.7 % |
Gearing | 0.2 % | 0.2 % | |||
Relative net indebtedness % | -682.6 % | -2330.5 % | |||
Liquidity | |||||
Quick ratio | 45.8 | 78.7 | |||
Current ratio | 52.4 | 82.5 | |||
Cash and cash equivalents | 115 777.00 | 349 478.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 83.9 | 85.2 | |||
Net working capital % | 386.8 % | 2275.4 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | A | A |
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