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NORholding ApS — Credit Rating and Financial Key Figures

CVR number: 37807672
Alsikevej 4 B, 8920 Randers NV
Free credit report Annual report

Company information

Official name
NORholding ApS
Established
2016
Company form
Private limited company
Industry

About NORholding ApS

NORholding ApS (CVR number: 37807672) is a company from RANDERS. The company recorded a gross profit of -10.1 kDKK in 2023. The operating profit was -10.1 kDKK, while net earnings were 155.7 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 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.4 %, 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. NORholding ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.25-9.20-9.89-8.08-10.05
EBIT-8.25-9.20-9.89-8.08-10.05
Net earnings539.21167.09264.50217.89155.72
Shareholders equity total1 230.631 297.731 505.731 609.211 614.94
Balance sheet total (assets)1 813.982 117.572 211.732 729.412 229.57
Net debt- 114.89- 216.62- 131.07- 163.30- 238.99
Profitability
EBIT-%
ROA37.4 %8.8 %14.1 %10.1 %7.6 %
ROE54.0 %13.2 %18.9 %14.0 %9.7 %
ROI41.7 %9.4 %14.3 %10.3 %7.8 %
Economic value added (EVA)34.7155.2678.9986.43110.92
Solvency
Equity ratio67.8 %61.3 %68.1 %59.0 %72.4 %
Gearing31.1 %60.2 %45.6 %64.5 %34.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.31.31.21.4
Current ratio1.11.31.31.21.4
Cash and cash equivalents497.45998.13817.231 201.17793.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:7.59%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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