H.C.NORN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 15406402
Vænget 12, Over Jerstal 6500 Vojens
hc.norn@webspeed.dk
tel: 74547947

Credit rating

Company information

Official name
H.C.NORN HOLDING ApS
Personnel
1 person
Established
1991
Domicile
Over Jerstal
Company form
Private limited company
Industry

About H.C.NORN HOLDING ApS

H.C.NORN HOLDING ApS (CVR number: 15406402) is a company from HADERSLEV. The company recorded a gross profit of 57.4 kDKK in 2023. The operating profit was -81.6 kDKK, while net earnings were 18.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H.C.NORN HOLDING ApS's liquidity measured by quick ratio was 16.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit50.8559.7161.7448.0557.44
EBIT-88.19-79.33-77.309.02-81.61
Net earnings204.5652.5086.72- 201.1718.29
Shareholders equity total3 774.263 346.762 953.482 272.311 810.61
Balance sheet total (assets)3 952.583 543.303 202.882 343.321 938.67
Net debt-3 041.03-2 670.79-2 369.41-1 548.89-1 183.28
Profitability
EBIT-%
ROA5.1 %1.8 %3.3 %0.3 %1.1 %
ROE5.2 %1.5 %2.8 %-7.7 %0.9 %
ROI5.2 %1.9 %3.4 %0.3 %1.1 %
Economic value added (EVA)- 123.70-98.56-94.17-22.31- 100.08
Solvency
Equity ratio95.5 %94.5 %92.2 %97.0 %93.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio40.829.216.881.016.7
Current ratio40.829.216.881.016.7
Cash and cash equivalents3 041.032 670.792 369.411 548.891 183.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.09%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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