NORR11 International ApS — Credit Rating and Financial Key Figures

CVR number: 40596860
Østergade 17, 1100 København K

Credit rating

Company information

Official name
NORR11 International ApS
Personnel
25 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About NORR11 International ApS

NORR11 International ApS (CVR number: 40596860) is a company from KØBENHAVN. The company recorded a gross profit of 15.9 mDKK in 2023. The operating profit was 1217.3 kDKK, while net earnings were 802.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. NORR11 International ApS's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 985.256 462.9510 630.0413 125.9915 917.95
EBIT-16.57-1 224.921 804.61766.851 217.30
Net earnings-13.93-1 062.911 043.03289.30802.78
Shareholders equity total26.07-1 036.8416 578.9316 868.2217 671.01
Balance sheet total (assets)961.6023 723.1328 271.4931 248.0433 477.40
Net debt251.5416 210.52-1 051.31624.58-5 515.98
Profitability
EBIT-%
ROA-0.0 %-8.4 %6.9 %3.1 %4.6 %
ROE-53.4 %-9.0 %5.2 %1.7 %4.6 %
ROI-0.0 %-11.6 %10.0 %4.9 %7.5 %
Economic value added (EVA)-11.76- 950.631 551.15- 119.28140.56
Solvency
Equity ratio2.7 %-4.7 %72.5 %66.7 %64.8 %
Gearing1474.5 %-1754.7 %11.8 %14.6 %14.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.31.71.11.7
Current ratio1.00.51.51.41.5
Cash and cash equivalents132.841 982.703 008.371 836.648 086.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAAAA

Variable visualization

ROA:4.62%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Chief executive officer

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