NORCHEM A/S
Credit rating
Company information
About NORCHEM A/S
NORCHEM A/S (CVR number: 21254649) is a company from GLADSAXE. The company recorded a gross profit of -1970 kDKK in 2023. The operating profit was -2404 kDKK, while net earnings were 266.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.7 %, which can be considered excellent and Return on Equity (ROE) was 27.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.5 %, 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 320 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 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 570.00 | -1 970.00 | |
EBIT | -2 823.00 | -2 404.00 | |
Net earnings | 60 769.00 | 266 506.00 | |
Shareholders equity total | 835 455.00 | 1 101 961.00 | |
Balance sheet total (assets) | 840 410.00 | 1 107 343.00 | |
Net debt | - 106 338.00 | - 337 114.00 | |
Profitability | |||
EBIT-% | |||
ROA | 7.9 % | 27.7 % | |
ROE | 7.3 % | 27.5 % | |
ROI | 7.9 % | 27.7 % | |
Economic value added (EVA) | 121.15 | -2 823.00 | -3 099.96 |
Solvency | |||
Equity ratio | 99.4 % | 99.5 % | |
Gearing | 0.5 % | 0.4 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 194.9 | 320.0 | |
Current ratio | 194.9 | 320.0 | |
Cash and cash equivalents | 110 629.00 | 341 265.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | AA | A |
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