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NORholding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORholding ApS
NORholding ApS (CVR number: 37807672) is a company from RANDERS. The company recorded a gross profit of -12.4 kDKK in 2024. The operating profit was -12.4 kDKK, while net earnings were 145.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71 %, 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 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -9.20 | -9.89 | -8.08 | -10.05 | -12.42 |
| EBIT | -9.20 | -9.89 | -8.08 | -10.05 | -12.42 |
| Net earnings | 167.09 | 264.50 | 217.89 | 155.72 | 145.82 |
| Shareholders equity total | 1 297.73 | 1 505.73 | 1 609.21 | 1 614.94 | 1 550.75 |
| Balance sheet total (assets) | 2 117.57 | 2 211.73 | 2 729.41 | 2 229.57 | 2 184.26 |
| Net debt | - 216.62 | - 131.07 | - 163.30 | - 238.99 | - 294.38 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.8 % | 14.1 % | 10.1 % | 7.6 % | 8.3 % |
| ROE | 13.2 % | 18.9 % | 14.0 % | 9.7 % | 9.2 % |
| ROI | 9.4 % | 14.3 % | 10.3 % | 7.8 % | 8.5 % |
| Economic value added (EVA) | -87.67 | - 112.41 | - 116.91 | - 140.94 | - 118.69 |
| Solvency | |||||
| Equity ratio | 61.3 % | 68.1 % | 59.0 % | 72.4 % | 71.0 % |
| Gearing | 60.2 % | 45.6 % | 64.5 % | 34.3 % | 37.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.3 | 1.2 | 1.4 | 1.5 |
| Current ratio | 1.3 | 1.3 | 1.2 | 1.4 | 1.5 |
| Cash and cash equivalents | 998.13 | 817.23 | 1 201.17 | 793.33 | 874.72 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | AA | A | A | A |
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