NØRGAARD HUSET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NØRGAARD HUSET ApS
NØRGAARD HUSET ApS (CVR number: 30358538) is a company from MIDDELFART. The company reported a net sales of 1.9 mDKK in 2023. The operating profit percentage was at 12 % (EBIT: 0.2 mDKK), while net earnings were 221.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. NØRGAARD HUSET ApS's liquidity measured by quick ratio was 5.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 908.05 | ||||
Gross profit | 932.57 | 1 210.05 | 1 374.48 | 1 307.05 | |
EBIT | 128.59 | 367.74 | 301.81 | 177.54 | 229.18 |
Net earnings | 97.03 | 364.60 | 296.05 | 162.32 | 221.06 |
Shareholders equity total | 267.13 | 631.73 | 927.78 | 1 090.11 | 1 311.17 |
Balance sheet total (assets) | 1 160.40 | 1 260.11 | 1 580.66 | 2 432.44 | 3 629.17 |
Net debt | -34.42 | - 258.73 | 293.45 | 789.02 | 1 632.34 |
Profitability | |||||
EBIT-% | 12.0 % | ||||
ROA | 11.9 % | 30.4 % | 21.2 % | 8.8 % | 7.6 % |
ROE | 44.4 % | 81.1 % | 38.0 % | 16.1 % | 18.4 % |
ROI | 19.0 % | 49.6 % | 29.5 % | 11.4 % | 9.3 % |
Economic value added (EVA) | 136.56 | 375.76 | 292.73 | 130.92 | 174.96 |
Solvency | |||||
Equity ratio | 23.0 % | 50.1 % | 58.7 % | 44.8 % | 36.1 % |
Gearing | 146.9 % | 30.4 % | 31.6 % | 73.4 % | 133.1 % |
Relative net indebtedness % | 115.6 % | ||||
Liquidity | |||||
Quick ratio | 2.2 | 2.7 | 3.6 | 4.1 | 5.8 |
Current ratio | 2.2 | 2.7 | 3.6 | 4.1 | 5.8 |
Cash and cash equivalents | 426.74 | 450.97 | 11.01 | 112.64 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.3 | ||||
Net working capital % | 143.1 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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