NØRAGER TRÆLAST A/S — Credit Rating and Financial Key Figures

CVR number: 33501080
Bredgade 10-12, 9610 Nørager

Credit rating

Company information

Official name
NØRAGER TRÆLAST A/S
Personnel
9 persons
Established
2011
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About NØRAGER TRÆLAST A/S

NØRAGER TRÆLAST A/S (CVR number: 33501080) is a company from REBILD. The company recorded a gross profit of 2648 kDKK in 2023. The operating profit was 257.7 kDKK, while net earnings were 22.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28.9 %, 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. NØRAGER TRÆLAST A/S's liquidity measured by quick ratio was 0.2 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 profit3 394.483 640.423 399.682 743.992 647.99
EBIT595.04830.69688.38339.62257.71
Net earnings482.58662.10564.44148.2222.73
Shareholders equity total2 024.332 465.433 029.873 063.682 968.61
Balance sheet total (assets)8 979.6610 446.4510 275.1810 321.2610 287.97
Net debt3 209.943 047.613 854.304 295.034 536.38
Profitability
EBIT-%
ROA8.9 %10.3 %8.5 %5.0 %4.3 %
ROE27.1 %29.5 %20.5 %4.9 %0.8 %
ROI13.7 %17.6 %13.4 %7.0 %5.8 %
Economic value added (EVA)371.80538.45413.89107.7819.21
Solvency
Equity ratio22.5 %23.6 %29.5 %29.7 %28.9 %
Gearing159.3 %128.1 %129.4 %145.2 %156.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.20.20.2
Current ratio1.31.31.41.41.4
Cash and cash equivalents15.27110.2566.36154.1295.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:4.28%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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