Norgesvej 1 ApS — Credit Rating and Financial Key Figures

CVR number: 39169606
Norgesvej 1, 9560 Hadsund

Credit rating

Company information

Official name
Norgesvej 1 ApS
Established
2017
Company form
Private limited company
Industry

About Norgesvej 1 ApS

Norgesvej 1 ApS (CVR number: 39169606) is a company from MARIAGERFJORD. The company recorded a gross profit of 701.8 kDKK in 2024. The operating profit was 568.6 kDKK, while net earnings were 318.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Norgesvej 1 ApS's liquidity measured by quick ratio was 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit403.78620.71572.96816.28701.82
EBIT283.62500.56460.57699.11568.60
Net earnings114.49288.56254.05405.35318.08
Shareholders equity total331.89620.45874.501 279.841 597.92
Balance sheet total (assets)5 657.765 784.705 760.535 554.495 669.73
Net debt5 106.224 876.454 475.283 920.913 654.86
Profitability
EBIT-%
ROA4.9 %8.7 %8.0 %12.4 %10.1 %
ROE41.7 %60.6 %34.0 %37.6 %22.1 %
ROI5.0 %9.0 %8.3 %12.8 %10.4 %
Economic value added (EVA)-68.72113.1372.58263.74171.50
Solvency
Equity ratio5.9 %10.7 %15.2 %23.0 %28.2 %
Gearing1538.5 %786.0 %511.8 %306.4 %232.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.20.20.1
Current ratio0.00.20.20.1
Cash and cash equivalents55.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.2%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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