ULRICH NØRGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32655483
Nørreled 3, 4440 Mørkøv
auckontor@mail.dk
tel: 20284345

Credit rating

Company information

Official name
ULRICH NØRGAARD HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About ULRICH NØRGAARD HOLDING ApS

ULRICH NØRGAARD HOLDING ApS (CVR number: 32655483) is a company from HOLBÆK. The company recorded a gross profit of 219.1 kDKK in 2023. The operating profit was 176.5 kDKK, while net earnings were 267.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ULRICH NØRGAARD HOLDING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit205.66220.01292.05219.13
EBIT163.04177.39188.90249.43176.51
Net earnings-58.7370.75233.38484.62267.79
Shareholders equity total538.39609.15842.531 212.941 445.73
Balance sheet total (assets)2 320.482 345.492 540.272 847.542 820.50
Net debt1 585.371 471.25974.261 246.181 049.59
Profitability
EBIT-%
ROA4.1 %8.9 %7.7 %21.8 %11.1 %
ROE-10.3 %12.3 %32.2 %47.2 %20.1 %
ROI4.3 %9.5 %8.4 %23.7 %11.9 %
Economic value added (EVA)25.7140.4396.19153.41129.62
Solvency
Equity ratio24.3 %27.0 %33.2 %42.6 %51.3 %
Gearing294.5 %246.1 %127.0 %111.2 %78.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.30.20.1
Current ratio0.00.10.30.20.1
Cash and cash equivalents27.5795.70102.2084.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.3%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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