NORSE Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 42304131
Smedevej 16 C, 7430 Ikast
info@norsesafty.com
tel: 61304931
www.norsesafety.com

Credit rating

Company information

Official name
NORSE Denmark ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About NORSE Denmark ApS

NORSE Denmark ApS (CVR number: 42304131) is a company from IKAST-BRANDE. The company recorded a gross profit of 2747.5 kDKK in 2024. The operating profit was 1691.1 kDKK, while net earnings were 1203.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.5 %, which can be considered excellent and Return on Equity (ROE) was 157 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORSE Denmark ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit1 455.871 542.371 749.462 747.55
EBIT1 455.87504.43141.441 691.11
Net earnings1 131.94431.2061.611 203.10
Shareholders equity total1 171.94603.14164.751 367.85
Balance sheet total (assets)2 866.674 211.363 051.034 958.88
Net debt-21.77495.211 410.28611.08
Profitability
EBIT-%
ROA50.8 %19.8 %4.5 %42.5 %
ROE96.6 %48.6 %16.0 %157.0 %
ROI124.2 %49.8 %9.7 %85.8 %
Economic value added (EVA)1 134.36331.0821.841 229.25
Solvency
Equity ratio40.9 %14.3 %5.4 %27.6 %
Gearing170.0 %956.8 %61.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.10.60.8
Current ratio1.71.21.11.4
Cash and cash equivalents21.77530.07166.00232.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:42.5%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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