Norce ApS — Credit Rating and Financial Key Figures

CVR number: 38232975
Kattegatvej 4, 2150 Nordhavn
hej@norce.dk
www.norce.dk
Free credit report Annual report

Company information

Official name
Norce ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Norce ApS

Norce ApS (CVR number: 38232975) is a company from KØBENHAVN. The company recorded a gross profit of 239.1 kDKK in 2024. The operating profit was -612.3 kDKK, while net earnings were -635.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.7 %, which can be considered poor and Return on Equity (ROE) was -139.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -94 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Norce ApS's liquidity measured by quick ratio was 2.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit741.231 027.43299.70277.58239.05
EBIT-93.1032.70- 532.22- 399.81- 612.30
Net earnings- 101.75-41.89- 627.61- 479.66- 635.08
Shareholders equity total-2 540.95-2 582.84-3 210.45-3 690.10-4 325.18
Balance sheet total (assets)1 496.371 101.10752.66634.35274.57
Net debt- 395.49- 159.47- 146.19-86.37-10.42
Profitability
EBIT-%
ROA-2.3 %0.8 %-13.9 %-9.6 %-13.7 %
ROE-6.5 %-3.2 %-67.7 %-69.2 %-139.7 %
ROI-2.4 %0.9 %-29.8 %
Economic value added (EVA)29.47160.39- 402.43- 238.49- 426.87
Solvency
Equity ratio-62.9 %-70.1 %-81.0 %-85.3 %-94.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.84.75.53.32.1
Current ratio5.35.25.83.52.1
Cash and cash equivalents395.49159.47146.1986.3710.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCBB

Variable visualization

ROA:-13.7%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-94.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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