NØRREVANG FLARUP ApS
Credit rating
Company information
About NØRREVANG FLARUP ApS
NØRREVANG FLARUP ApS (CVR number: 34705224) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 5.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NØRREVANG FLARUP ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5.41 | 2.31 | |||
Gross profit | -27.72 | -9.33 | |||
EBIT | -27.72 | -9.33 | |||
Net earnings | -23.93 | -5.51 | 3.84 | 4.08 | 5.31 |
Shareholders equity total | 18.32 | 12.81 | 16.65 | 20.73 | 26.04 |
Balance sheet total (assets) | 96.06 | 98.53 | 102.16 | 106.24 | 111.55 |
Net debt | -3.86 | -0.49 | -0.13 | -0.13 | -0.13 |
Profitability | |||||
EBIT-% | -512.2 % | -403.8 % | |||
ROA | -23.7 % | -5.7 % | 4.0 % | 3.9 % | 4.9 % |
ROE | -79.0 % | -35.4 % | 26.1 % | 21.8 % | 22.7 % |
ROI | -79.0 % | -35.3 % | 27.1 % | 21.8 % | 22.7 % |
Economic value added (EVA) | -29.83 | -10.06 | -0.62 | -0.83 | -1.04 |
Solvency | |||||
Equity ratio | 19.1 % | 13.0 % | 16.3 % | 19.5 % | 23.3 % |
Gearing | |||||
Relative net indebtedness % | 1364.9 % | 3686.4 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | 1.2 | 1.2 | 1.3 |
Current ratio | 1.2 | 1.1 | 1.2 | 1.2 | 1.3 |
Cash and cash equivalents | 3.86 | 0.49 | 0.13 | 0.13 | 0.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 6 217.0 | 15 477.3 | |||
Net working capital % | 338.4 % | 554.0 % | |||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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