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NORVEST EJENDOM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORVEST EJENDOM ApS
NORVEST EJENDOM ApS (CVR number: 36393270) is a company from ESBJERG. The company recorded a gross profit of -33 kDKK in 2024. The operating profit was -33 kDKK, while net earnings were -42.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORVEST EJENDOM ApS's liquidity measured by quick ratio was 3.9 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 | 154.68 | 206.46 | 132.34 | 375.24 | -32.99 |
| EBIT | 154.68 | 206.46 | - 661.83 | 375.24 | -32.99 |
| Net earnings | 89.09 | 132.84 | - 564.11 | 199.90 | -42.27 |
| Shareholders equity total | 1 035.00 | 1 167.84 | 603.73 | 803.63 | 517.36 |
| Balance sheet total (assets) | 4 230.20 | 4 230.98 | 3 603.12 | 3 804.35 | 695.53 |
| Net debt | 2 626.74 | 2 533.49 | 2 664.24 | 2 552.00 | -26.80 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.7 % | 5.0 % | -16.9 % | 10.1 % | 0.9 % |
| ROE | 9.0 % | 12.1 % | -63.7 % | 28.4 % | -6.4 % |
| ROI | 4.0 % | 5.5 % | -18.5 % | 11.3 % | 1.0 % |
| Economic value added (EVA) | -73.65 | -31.35 | - 722.59 | 161.01 | - 201.61 |
| Solvency | |||||
| Equity ratio | 24.5 % | 27.6 % | 16.8 % | 21.1 % | 74.4 % |
| Gearing | 253.8 % | 217.0 % | 441.3 % | 317.6 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.0 | 0.0 | 1.3 | 3.9 |
| Current ratio | 0.0 | 0.0 | 0.0 | 1.3 | 3.9 |
| Cash and cash equivalents | 0.20 | 0.20 | 0.20 | 26.80 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | B | BB | BB |
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