Norlex A/S — Credit Rating and Financial Key Figures

CVR number: 37308064
Blokken 38, 3460 Birkerød

Company information

Official name
Norlex A/S
Personnel
7 persons
Established
2015
Company form
Limited company
Industry

About Norlex A/S

Norlex A/S (CVR number: 37308064K) is a company from RUDERSDAL. The company reported a net sales of 207.1 mDKK in 2023, demonstrating a growth of 7.4 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 10 mDKK), while net earnings were 4151.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Norlex A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2021
2022
2023
Volume
Net sales116.26192.79207.15
Gross profit0.0439.1751.34
EBIT-1.337.029.97
Net earnings3.263.104.15
Shareholders equity total29.2232.3136.48
Balance sheet total (assets)113.90136.56140.59
Net debt47.8543.44
Profitability
EBIT-%-1.1 %3.6 %4.8 %
ROA-1.2 %5.7 %7.7 %
ROE11.2 %10.1 %12.1 %
ROI-1.2 %6.9 %11.5 %
Economic value added (EVA)-1.19-1.333.654.95
Solvency
Equity ratio100.0 %24.2 %26.2 %
Gearing154.6 %125.6 %
Relative net indebtedness %48.3 %44.0 %
Liquidity
Quick ratio0.50.7
Current ratio0.70.9
Cash and cash equivalents2.102.36
Capital use efficiency
Trade debtors turnover (days)56.657.7
Net working capital %-10.7 %-2.7 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:7.67%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer

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