North & Rønn ApS — Credit Rating and Financial Key Figures

CVR number: 32780822
Klosterbakken 20 E, 5000 Odense C
jrn@ensure.dk
tel: 40264656

Credit rating

Company information

Official name
North & Rønn ApS
Personnel
2 persons
Established
2010
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About North & Rønn ApS

North & Rønn ApS (CVR number: 32780822) is a company from ODENSE. The company recorded a gross profit of 1574.5 kDKK in 2023. The operating profit was 108.4 kDKK, while net earnings were 74.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.1 %, which can be considered excellent and Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. North & Rønn ApS's liquidity measured by quick ratio was 2.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 407.001 513.291 599.74
Gross profit1 260.121 375.231 413.621 378.011 574.50
EBIT- 101.0038.24107.6635.65108.40
Net earnings- 101.1024.9496.9225.9074.06
Shareholders equity total127.54152.49249.41275.31231.59
Balance sheet total (assets)529.85383.48437.74573.49409.20
Net debt- 113.33-32.09-7.66- 297.69-57.61
Profitability
EBIT-%-7.2 %2.5 %6.7 %
ROA-17.1 %8.4 %26.2 %7.1 %22.1 %
ROE-55.6 %17.8 %48.2 %9.9 %29.2 %
ROI-55.6 %27.3 %53.6 %13.5 %41.2 %
Economic value added (EVA)- 100.9034.0897.3820.8175.41
Solvency
Equity ratio24.1 %39.8 %57.0 %48.0 %56.6 %
Gearing0.9 %7.6 %
Relative net indebtedness %20.5 %13.1 %11.3 %
Liquidity
Quick ratio0.91.11.91.82.3
Current ratio0.91.11.91.82.3
Cash and cash equivalents113.3332.097.66300.1375.23
Capital use efficiency
Trade debtors turnover (days)64.254.679.6
Net working capital %-3.0 %1.8 %10.5 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:22.1%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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