Norce ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 741.23 | 1 027.43 | 299.70 | 277.58 | 239.05 |
EBIT | -93.10 | 32.70 | - 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) | 1 496.37 | 1 101.10 | 752.66 | 634.35 | 274.57 |
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) | 29.47 | 160.39 | - 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 ratio | 4.8 | 4.7 | 5.5 | 3.3 | 2.1 |
Current ratio | 5.3 | 5.2 | 5.8 | 3.5 | 2.1 |
Cash and cash equivalents | 395.49 | 159.47 | 146.19 | 86.37 | 10.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | C | B | B |
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