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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 recorded a gross profit of 1505.1 kDKK in 2024, demonstrating a growth of 15.2 % compared to the previous year. The operating profit was 614.5 kDKK, while net earnings were 594.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 36.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NØRGAARD HUSET ApS's liquidity measured by quick ratio was 8.5 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 | 1 908.05 | ||||
| Gross profit | 1 210.05 | 1 374.48 | 1 307.05 | 1 505.08 | |
| EBIT | 367.74 | 301.81 | 177.54 | 229.18 | 614.55 |
| Net earnings | 364.60 | 296.05 | 162.32 | 221.06 | 594.91 |
| Shareholders equity total | 631.73 | 927.78 | 1 090.11 | 1 311.17 | 1 909.58 |
| Balance sheet total (assets) | 1 260.11 | 1 580.66 | 2 432.44 | 3 629.17 | 3 879.43 |
| Net debt | - 258.73 | 293.45 | 789.02 | 1 632.34 | 1 565.29 |
| Profitability | |||||
| EBIT-% | 12.0 % | ||||
| ROA | 30.4 % | 21.2 % | 8.8 % | 7.6 % | 16.4 % |
| ROE | 81.1 % | 38.0 % | 16.1 % | 18.4 % | 36.9 % |
| ROI | 49.6 % | 29.5 % | 11.4 % | 9.3 % | 18.8 % |
| Economic value added (EVA) | 334.61 | 260.41 | 116.18 | 134.20 | 460.98 |
| Solvency | |||||
| Equity ratio | 50.1 % | 58.7 % | 44.8 % | 36.1 % | 49.2 % |
| Gearing | 30.4 % | 31.6 % | 73.4 % | 133.1 % | 82.0 % |
| Relative net indebtedness % | 115.6 % | ||||
| Liquidity | |||||
| Quick ratio | 2.7 | 3.6 | 4.1 | 5.8 | 8.5 |
| Current ratio | 2.7 | 3.6 | 4.1 | 5.8 | 8.5 |
| Cash and cash equivalents | 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 | A | BBB |
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