Noroq A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Noroq A/S
Noroq A/S (CVR number: 35032525) is a company from BRØNDBY. The company recorded a gross profit of 2918 kDKK in 2024. The operating profit was -6.4 kDKK, while net earnings were 83.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. Noroq A/S's liquidity measured by quick ratio was 4.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 693.55 | 6 255.55 | 6 614.35 | 4 552.03 | 2 917.96 |
EBIT | 2 814.29 | 3 843.66 | 4 149.08 | 1 789.02 | -6.38 |
Net earnings | 2 126.80 | 2 937.41 | 3 145.88 | 1 411.84 | 83.61 |
Shareholders equity total | 12 264.83 | 10 402.24 | 8 948.12 | 7 359.96 | 5 143.57 |
Balance sheet total (assets) | 19 399.04 | 17 337.03 | 17 012.03 | 14 033.93 | 8 776.30 |
Net debt | -11 558.38 | -6 362.92 | -13 749.36 | -9 490.67 | -3 051.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.9 % | 20.9 % | 24.6 % | 11.9 % | 1.4 % |
ROE | 18.5 % | 25.9 % | 32.5 % | 17.3 % | 1.3 % |
ROI | 18.0 % | 25.4 % | 31.9 % | 16.4 % | 1.8 % |
Economic value added (EVA) | 1 414.50 | 2 196.68 | 2 501.30 | 778.37 | - 528.18 |
Solvency | |||||
Equity ratio | 63.2 % | 60.0 % | 58.8 % | 57.3 % | 59.4 % |
Gearing | 12.2 % | 11.0 % | 0.2 % | 0.0 % | 0.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.9 | 4.1 | 5.5 | 5.7 | 4.5 |
Current ratio | 3.9 | 4.1 | 3.5 | 3.8 | 4.2 |
Cash and cash equivalents | 13 052.67 | 7 511.23 | 13 764.04 | 9 494.05 | 3 058.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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