NOREX HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30199448
Regnbuen 34, 4300 Holbæk
jacob@norex.com.br
tel: 21662168

Credit rating

Company information

Official name
NOREX HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About NOREX HOLDING ApS

NOREX HOLDING ApS (CVR number: 30199448) is a company from HOLBÆK. The company recorded a gross profit of -3.6 kDKK in 2023. The operating profit was -3.6 kDKK, while net earnings were -173.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NOREX HOLDING ApS's liquidity measured by quick ratio was 294.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-3.00-3.38-3.13-3.44-3.56
EBIT-3.00-3.38-3.13-3.44-3.56
Net earnings733.15679.96496.222 815.33- 173.93
Shareholders equity total2 959.683 540.444 370.536 954.286 862.08
Balance sheet total (assets)3 739.204 478.974 374.286 958.036 866.52
Net debt-1 020.30-1 247.47- 525.58- 623.33-1 280.46
Profitability
EBIT-%
ROA24.0 %17.2 %18.4 %59.7 %3.8 %
ROE28.3 %20.9 %12.5 %49.7 %-2.5 %
ROI28.5 %21.7 %13.0 %49.7 %-2.5 %
Economic value added (EVA)8.7166.7989.7387.72228.03
Solvency
Equity ratio79.2 %79.0 %99.9 %99.9 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.91.6202.7230.3294.5
Current ratio1.91.6202.7230.3294.5
Cash and cash equivalents1 020.301 247.47525.58623.331 280.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:3.76%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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