A/S NORTVIG HORSENS — Credit Rating and Financial Key Figures

CVR number: 31588022
Fuglevangsvej 47, 8700 Horsens
tn@nortvig-as.dk
tel: 23495103

Company information

Official name
A/S NORTVIG HORSENS
Personnel
38 persons
Established
2008
Company form
Limited company
Industry

About A/S NORTVIG HORSENS

A/S NORTVIG HORSENS (CVR number: 31588022) is a company from HORSENS. The company recorded a gross profit of 19.9 mDKK in 2023. The operating profit was 5179.7 kDKK, while net earnings were 4038.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.3 %, which can be considered excellent and Return on Equity (ROE) was 51.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.1 %, 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. A/S NORTVIG HORSENS's liquidity measured by quick ratio was 3.9 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 profit39 793.9631 845.9520 728.2820 188.0819 862.69
EBIT7 125.44766.342 750.102 708.665 179.66
Net earnings5 456.33378.721 957.732 042.024 038.42
Shareholders equity total8 457.763 836.485 794.216 636.239 174.65
Balance sheet total (assets)21 935.7218 762.2117 792.1114 284.8714 838.90
Net debt- 271.52257.08-2 082.50366.53-1 830.62
Profitability
EBIT-%
ROA33.1 %3.8 %15.2 %17.0 %36.3 %
ROE66.3 %6.2 %40.7 %32.9 %51.1 %
ROI62.0 %7.9 %31.0 %27.6 %51.8 %
Economic value added (EVA)5 161.80156.771 906.332 041.403 639.38
Solvency
Equity ratio48.6 %20.9 %33.2 %46.7 %62.1 %
Gearing10.1 %33.3 %8.0 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.31.41.82.23.9
Current ratio2.21.41.72.23.9
Cash and cash equivalents271.52130.134 011.21163.561 887.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:36.3%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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