Michael Nørgaard Invest ApS — Credit Rating and Financial Key Figures

CVR number: 38581384
Ved Bækken 55, 8722 Hedensted

Company information

Official name
Michael Nørgaard Invest ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales509.94
Gross profit504.94-5.00-6.37-7.04-10.64
EBIT504.94-5.00-6.37-7.04-10.64
Net earnings500.01444.48142.91891.68908.01
Shareholders equity total1 175.151 506.631 535.132 309.013 095.03
Balance sheet total (assets)1 578.551 863.591 638.122 524.763 537.07
Net debt105.10-30.66- 311.47- 606.98-1 350.05
Profitability
EBIT-%99.0 %
ROA38.9 %26.1 %8.4 %42.9 %30.1 %
ROE54.0 %33.1 %9.4 %46.4 %33.6 %
ROI43.1 %28.1 %8.9 %46.5 %33.6 %
Economic value added (EVA)461.58-75.60-93.44-84.18- 124.20
Solvency
Equity ratio74.4 %80.8 %93.7 %91.5 %87.5 %
Gearing21.4 %17.0 %0.6 %
Relative net indebtedness %50.5 %
Liquidity
Quick ratio1.01.99.533.68.0
Current ratio1.01.99.533.68.0
Cash and cash equivalents145.87286.65311.47606.981 368.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-0.4 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:30.1%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.5%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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