Norlys Energy Trading A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Norlys Energy Trading A/S
Norlys Energy Trading A/S (CVR number: 41419849) is a company from AALBORG. The company reported a net sales of 464.8 mDKK in 2023, demonstrating a decline of -88.5 % compared to the previous year. The operating profit percentage was at 16.5 % (EBIT: 76.8 mDKK), while net earnings were 102.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Norlys Energy Trading A/S's liquidity measured by quick ratio was 2.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 96.75 | 4 055.83 | 464.82 | |
Gross profit | -5.16 | 94.71 | 3 891.39 | 260.96 |
EBIT | -12.96 | 28.75 | 3 538.89 | 76.81 |
Net earnings | -10.31 | 18.81 | 3 383.64 | 102.20 |
Shareholders equity total | 15.09 | 68.30 | 3 451.97 | 2 796.35 |
Balance sheet total (assets) | 21.32 | 368.72 | 6 607.83 | 4 295.52 |
Net debt | -15.19 | -2 555.17 | -1 264.98 | |
Profitability | ||||
EBIT-% | 29.7 % | 87.3 % | 16.5 % | |
ROA | -60.8 % | 14.7 % | 121.1 % | 2.9 % |
ROE | -68.3 % | 45.1 % | 192.2 % | 3.3 % |
ROI | -82.0 % | 15.0 % | 180.5 % | 4.0 % |
Economic value added (EVA) | -10.27 | 28.81 | 2 715.44 | 168.91 |
Solvency | ||||
Equity ratio | 70.8 % | 100.0 % | 52.2 % | 65.1 % |
Gearing | 24.8 % | 25.0 % | ||
Relative net indebtedness % | -6.3 % | -100.3 % | ||
Liquidity | ||||
Quick ratio | 3.5 | 1.6 | 2.1 | |
Current ratio | 3.5 | 1.8 | 2.4 | |
Cash and cash equivalents | 15.19 | 3 410.49 | 1 962.86 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | 2.2 | 68.3 | ||
Net working capital % | 58.6 % | 436.7 % | ||
Credit risk | ||||
Credit rating | BBB | BBB | A | AAA |
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