Nørre Farimagsgade 43-49 ApS — Credit Rating and Financial Key Figures

CVR number: 38215361
Råensvej 1, 9000 Aalborg

Credit rating

Company information

Official name
Nørre Farimagsgade 43-49 ApS
Established
2016
Company form
Private limited company
Industry

About Nørre Farimagsgade 43-49 ApS

Nørre Farimagsgade 43-49 ApS (CVR number: 38215361) is a company from AALBORG. The company recorded a gross profit of 731.9 kDKK in 2023. The operating profit was 250.6 kDKK, while net earnings were -614.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -50.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nørre Farimagsgade 43-49 ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit6 972.9012 171.52146.41881.65731.86
EBIT6 972.9017 730.95-2 700.08881.65250.61
Net earnings5 429.1410 135.32-3 038.8497.10- 614.46
Shareholders equity total9 181.2119 316.5316 277.691 521.09906.63
Balance sheet total (assets)190 545.6873 948.3035 194.2423 789.4924 279.12
Net debt116 701.1033 284.659 780.8920 154.2820 982.79
Profitability
EBIT-%
ROA3.9 %13.4 %-4.9 %3.0 %1.0 %
ROE84.0 %71.1 %-17.1 %1.1 %-50.6 %
ROI3.9 %13.9 %-5.4 %3.2 %1.1 %
Economic value added (EVA)-2 984.664 388.44-5 492.63- 991.04- 947.41
Solvency
Equity ratio4.8 %26.1 %46.3 %6.4 %3.7 %
Gearing1891.6 %232.0 %96.4 %1327.1 %2362.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.60.30.00.0
Current ratio1.11.00.70.00.0
Cash and cash equivalents56 974.5611 526.225 917.8631.72438.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:1.04%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.73%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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