KRV HOLDING, NORS ApS — Credit Rating and Financial Key Figures

CVR number: 33884923
Norsvej 25, 7700 Thisted

Company information

Official name
KRV HOLDING, NORS ApS
Established
2011
Company form
Private limited company
Industry

About KRV HOLDING, NORS ApS

KRV HOLDING, NORS ApS (CVR number: 33884923) is a company from THISTED. The company recorded a gross profit of -8.6 kDKK in 2024. The operating profit was -8.6 kDKK, while net earnings were 482.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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. KRV HOLDING, NORS ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-6.42-6.48-6.52-8.40-8.58
EBIT-6.42-6.48-6.52-8.40-8.58
Net earnings63.76494.83728.273 241.07482.84
Shareholders equity total919.791 301.621 915.495 156.565 517.40
Balance sheet total (assets)5 883.685 791.566 483.989 156.748 246.13
Net debt4 957.644 461.712 973.032 424.951 682.09
Profitability
EBIT-%
ROA1.8 %10.5 %13.7 %43.5 %7.4 %
ROE7.2 %44.6 %45.3 %91.7 %9.0 %
ROI1.8 %10.6 %15.8 %54.6 %8.7 %
Economic value added (EVA)- 317.94- 301.36- 294.74- 252.24- 387.89
Solvency
Equity ratio15.6 %22.5 %29.5 %56.3 %66.9 %
Gearing539.0 %342.8 %155.2 %47.0 %30.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.30.30.4
Current ratio0.00.00.30.30.4
Cash and cash equivalents2.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:7.40%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.9%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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