NORNORM International Furnishings ApS — Credit Rating and Financial Key Figures

CVR number: 42490407
Paradisæblevej 4, 2500 Valby

Company information

Official name
NORNORM International Furnishings ApS
Established
2021
Company form
Private limited company
Industry

About NORNORM International Furnishings ApS

NORNORM International Furnishings ApS (CVR number: 42490407) is a company from KØBENHAVN. The company recorded a gross profit of 5080.3 kEUR in 2024. The operating profit was 2671.2 kEUR, while net earnings were 804.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 47.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORNORM International Furnishings ApS's liquidity measured by quick ratio was 2.7 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-13 907.051 571.003 106.005 080.29
EBIT-14 040.41904.001 864.002 671.20
Net earnings-13 166.4894.0017.00804.10
Shareholders equity total-13 126.48144.00160.003 244.14
Balance sheet total (assets)104 005.3628 106.0030 223.0020 558.90
Net debt73 518.2124 116.0025 588.0013 645.44
Profitability
EBIT-%
ROA-11.8 %1.9 %7.6 %10.6 %
ROE-12.7 %0.2 %11.2 %47.2 %
ROI-12.9 %2.1 %8.0 %11.4 %
Economic value added (EVA)-12 769.14-4 101.42535.191 248.62
Solvency
Equity ratio70.1 %77.1 %84.2 %88.7 %
Gearing-819.1 %18207.6 %17593.8 %481.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.72.7
Current ratio1.31.22.94.5
Cash and cash equivalents34 001.422 103.002 562.001 966.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.7%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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