Michael Nørgaard Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michael Nørgaard Invest ApS
Michael Nørgaard Invest ApS (CVR number: 38581384) is a company from HEDENSTED. The company recorded a gross profit of -10.6 kDKK in 2024. The operating profit was -10.6 kDKK, while net earnings were 908 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.1 %, which can be considered excellent and Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Michael Nørgaard Invest ApS's liquidity measured by quick ratio was 8 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 | 509.94 | ||||
Gross profit | 504.94 | -5.00 | -6.37 | -7.04 | -10.64 |
EBIT | 504.94 | -5.00 | -6.37 | -7.04 | -10.64 |
Net earnings | 500.01 | 444.48 | 142.91 | 891.68 | 908.01 |
Shareholders equity total | 1 175.15 | 1 506.63 | 1 535.13 | 2 309.01 | 3 095.03 |
Balance sheet total (assets) | 1 578.55 | 1 863.59 | 1 638.12 | 2 524.76 | 3 537.07 |
Net debt | 105.10 | -30.66 | - 311.47 | - 606.98 | -1 350.05 |
Profitability | |||||
EBIT-% | 99.0 % | ||||
ROA | 38.9 % | 26.1 % | 8.4 % | 42.9 % | 30.1 % |
ROE | 54.0 % | 33.1 % | 9.4 % | 46.4 % | 33.6 % |
ROI | 43.1 % | 28.1 % | 8.9 % | 46.5 % | 33.6 % |
Economic value added (EVA) | 461.58 | -75.60 | -93.44 | -84.18 | - 124.20 |
Solvency | |||||
Equity ratio | 74.4 % | 80.8 % | 93.7 % | 91.5 % | 87.5 % |
Gearing | 21.4 % | 17.0 % | 0.6 % | ||
Relative net indebtedness % | 50.5 % | ||||
Liquidity | |||||
Quick ratio | 1.0 | 1.9 | 9.5 | 33.6 | 8.0 |
Current ratio | 1.0 | 1.9 | 9.5 | 33.6 | 8.0 |
Cash and cash equivalents | 145.87 | 286.65 | 311.47 | 606.98 | 1 368.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -0.4 % | ||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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