Nørgaard Boligrenovering ApS — Credit Rating and Financial Key Figures

Nørgaard Boligrenovering ApS (CVR number: 40644776) is a company from VEJLE. The company reported a net sales of 0.6 mDKK in 2024, demonstrating a growth of 84.9 % compared to the previous year. The operating profit percentage was at 5.3 % (EBIT: 0 mDKK), while net earnings were 13.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.5 %, which can be considered excellent and Return on Equity (ROE) was 28.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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. Nørgaard Boligrenovering ApS'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.