Nørbak ejendom Aps — Credit Rating and Financial Key Figures

CVR number: 37693715
Gl. Kongevej 12, 9900 Frederikshavn
Ne@noerbakejendom.dk
tel: 28120693
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Credit rating

Company information

Official name
Nørbak ejendom Aps
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Nørbak ejendom Aps

Nørbak ejendom Aps (CVR number: 37693715) is a company from FREDERIKSHAVN. The company recorded a gross profit of 238.2 kDKK in 2024. The operating profit was 198.2 kDKK, while net earnings were 137.8 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 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 44.1 %, 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. Nørbak ejendom Aps'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit246.96273.31260.50251.64238.18
EBIT645.101 102.39-69.50231.64198.18
Net earnings480.08840.03-68.34168.54137.85
Shareholders equity total1 281.582 008.611 825.871 876.611 892.46
Balance sheet total (assets)3 798.474 640.774 319.794 290.084 287.36
Net debt2 028.561 940.431 870.031 800.151 837.68
Profitability
EBIT-%
ROA18.0 %26.1 %-1.6 %5.4 %4.6 %
ROE46.1 %51.1 %-3.6 %9.1 %7.3 %
ROI19.1 %27.3 %-1.6 %5.6 %4.8 %
Economic value added (EVA)345.00677.72- 275.99-22.57-51.85
Solvency
Equity ratio33.7 %43.3 %42.3 %43.7 %44.1 %
Gearing162.0 %99.6 %106.2 %99.1 %99.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.20.2
Current ratio0.20.20.20.20.2
Cash and cash equivalents48.0260.3369.3560.0835.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.63%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.1%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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