FLEMMING NØRGAARD, GALTEN ApS — Credit Rating and Financial Key Figures

CVR number: 34228361
Hvedevej 15, 8464 Galten

Company information

Official name
FLEMMING NØRGAARD, GALTEN ApS
Established
2012
Company form
Private limited company
Industry

About FLEMMING NØRGAARD, GALTEN ApS

FLEMMING NØRGAARD, GALTEN ApS (CVR number: 34228361) is a company from SKANDERBORG. The company recorded a gross profit of 207.4 kDKK in 2023. The operating profit was 140 kDKK, while net earnings were 141.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEMMING NØRGAARD, GALTEN ApS's liquidity measured by quick ratio was 0 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 profit140.61151.16158.21144.37207.39
EBIT96.04106.58112.8799.03139.97
Net earnings- 505.56164.4312.9193.04141.63
Shareholders equity total4 259.474 423.904 436.814 529.854 671.48
Balance sheet total (assets)4 804.424 790.614 672.655 763.255 712.88
Net debt-16.30-3.04-6.90-16.99-12.47
Profitability
EBIT-%
ROA-8.8 %4.2 %1.0 %2.4 %3.7 %
ROE-11.2 %3.8 %0.3 %2.1 %3.1 %
ROI-9.3 %4.6 %1.1 %2.8 %4.6 %
Economic value added (EVA)0.83-8.43-10.31-27.22-9.52
Solvency
Equity ratio88.7 %92.5 %95.0 %78.6 %81.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents16.303.046.9016.9912.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:3.69%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.8%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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