Noratex ApS
Credit rating
Company information
About Noratex ApS
Noratex ApS (CVR number: 37434884) is a company from BALLERUP. The company recorded a gross profit of 18.1 kDKK in 2023. The operating profit was -223.6 kDKK, while net earnings were -222.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.4 %, which can be considered poor and Return on Equity (ROE) was -43.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80 %, 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. Noratex ApS'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 564.96 | 907.54 | 505.37 | 545.02 | 18.13 |
EBIT | 8.49 | 358.19 | -46.64 | 87.97 | - 223.65 |
Net earnings | 6.64 | 278.04 | -51.49 | 75.38 | - 222.86 |
Shareholders equity total | 326.19 | 604.23 | 552.74 | 628.13 | 405.27 |
Balance sheet total (assets) | 519.03 | 1 240.34 | 772.48 | 749.23 | 506.88 |
Net debt | - 314.36 | -1 096.94 | - 688.96 | - 701.70 | - 457.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.6 % | 40.7 % | -4.6 % | 11.6 % | -35.4 % |
ROE | 2.1 % | 59.8 % | -8.9 % | 12.8 % | -43.1 % |
ROI | 2.6 % | 77.0 % | -8.1 % | 14.9 % | -43.0 % |
Economic value added (EVA) | 4.62 | 278.52 | -21.89 | 86.06 | - 219.95 |
Solvency | |||||
Equity ratio | 62.8 % | 48.7 % | 71.6 % | 83.8 % | 80.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 3.1 | 5.8 | 4.5 |
Current ratio | 1.7 | 1.8 | 3.2 | 5.9 | 4.7 |
Cash and cash equivalents | 314.36 | 1 096.94 | 688.96 | 701.70 | 457.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | C |
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