NORTEX A/S — Credit Rating and Financial Key Figures

CVR number: 15376104
Havnegade 21, 5000 Odense C
tel: 66113856
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Credit rating

Company information

Official name
NORTEX A/S
Personnel
6 persons
Established
1991
Company form
Limited company
Industry

About NORTEX A/S

NORTEX A/S (CVR number: 15376104) is a company from ODENSE. The company recorded a gross profit of 1859.6 kDKK in 2024. The operating profit was -790.8 kDKK, while net earnings were -665.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.4 %, which can be considered poor and Return on Equity (ROE) was -40.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.2 %, 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. NORTEX A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 064.334 502.793 610.642 390.871 859.60
EBIT318.42326.85479.66- 334.63- 790.84
Net earnings232.48225.33341.73- 300.56- 665.83
Shareholders equity total2 222.252 247.572 489.301 988.741 322.90
Balance sheet total (assets)5 728.265 078.744 144.763 674.612 804.08
Net debt-1 607.66- 460.25-1 135.3814.63- 157.70
Profitability
EBIT-%
ROA6.9 %6.1 %10.4 %-8.6 %-24.4 %
ROE11.0 %10.1 %14.4 %-13.4 %-40.2 %
ROI15.5 %14.6 %20.2 %-14.3 %-42.5 %
Economic value added (EVA)145.33139.93258.55- 387.74- 728.13
Solvency
Equity ratio38.9 %44.4 %60.4 %54.1 %47.2 %
Gearing0.2 %0.6 %0.1 %10.2 %15.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.50.90.9
Current ratio2.01.92.52.22.0
Cash and cash equivalents1 612.26472.641 137.38187.37366.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-24.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.2%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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