By Nors ApS — Credit Rating and Financial Key Figures

CVR number: 35038795
Hedelund 10 A, Glyngøre 7870 Roslev

Company information

Official name
By Nors ApS
Established
2013
Domicile
Glyngøre
Company form
Private limited company
Industry

About By Nors ApS

By Nors ApS (CVR number: 35038795) is a company from SKIVE. The company recorded a gross profit of 2072.9 kDKK in 2023. The operating profit was 1291.7 kDKK, while net earnings were 685.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. By Nors ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 223.781 379.911 826.542 039.322 072.89
EBIT776.12768.911 101.941 259.401 291.67
Net earnings551.41553.441 007.18902.63685.81
Shareholders equity total16 628.4917 181.9318 189.1119 091.7319 777.55
Balance sheet total (assets)20 442.1021 148.3623 386.8025 014.5323 617.70
Net debt2 556.671 959.063 826.361 755.549.89
Profitability
EBIT-%
ROA3.6 %3.7 %4.9 %5.2 %5.4 %
ROE3.4 %3.3 %5.7 %4.8 %3.5 %
ROI4.4 %3.9 %5.2 %5.5 %5.8 %
Economic value added (EVA)94.56- 233.97272.4195.33-86.39
Solvency
Equity ratio81.3 %81.2 %77.8 %76.3 %83.7 %
Gearing15.4 %17.0 %21.9 %21.5 %8.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.00.40.6
Current ratio0.10.30.00.40.6
Cash and cash equivalents11.38955.36159.182 350.671 738.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:5.43%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.7%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

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