Norisol Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Norisol Holding A/S
Norisol Holding A/S (CVR number: 39714507K) is a company from ALBERTSLUND. The company reported a net sales of 506.7 mDKK in 2023, demonstrating a growth of 23.4 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 36.3 mDKK), while net earnings were 23.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 57.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.9 %, 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. Norisol Holding A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 400.31 | 371.27 | 410.51 | 506.67 |
Gross profit | 400.31 | 371.27 | 246.48 | 296.51 |
EBIT | 3.48 | 6.71 | 10.90 | 36.29 |
Net earnings | -7.21 | 1.91 | 3.46 | 23.91 |
Shareholders equity total | 25.12 | 26.41 | 29.87 | 53.78 |
Balance sheet total (assets) | 206.72 | 172.56 | 186.01 | 235.06 |
Net debt | 37.90 | 12.57 | ||
Profitability | ||||
EBIT-% | 0.9 % | 1.8 % | 2.7 % | 7.2 % |
ROA | 1.7 % | 3.5 % | 6.1 % | 18.3 % |
ROE | -28.7 % | 7.4 % | 12.3 % | 57.2 % |
ROI | 1.7 % | 3.5 % | 8.3 % | 38.5 % |
Economic value added (EVA) | 3.48 | 5.44 | 6.41 | 24.18 |
Solvency | ||||
Equity ratio | 100.0 % | 100.0 % | 16.1 % | 22.9 % |
Gearing | 150.7 % | 63.1 % | ||
Relative net indebtedness % | 33.0 % | 27.8 % | ||
Liquidity | ||||
Quick ratio | 1.0 | 1.2 | ||
Current ratio | 1.1 | 1.3 | ||
Cash and cash equivalents | 7.11 | 21.34 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 54.3 | 76.0 | ||
Net working capital % | 2.3 % | 6.6 % | ||
Credit risk | ||||
Credit rating | BBB | BBB | A | A |
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