NORS VVS- OG BLIKKENSLAGERFORRETNING A/S — Credit Rating and Financial Key Figures

CVR number: 32945821
Kirkebyvej 22, Nors 7700 Thisted

Company information

Official name
NORS VVS- OG BLIKKENSLAGERFORRETNING A/S
Established
2010
Domicile
Nors
Company form
Limited company
Industry

About NORS VVS- OG BLIKKENSLAGERFORRETNING A/S

NORS VVS- OG BLIKKENSLAGERFORRETNING A/S (CVR number: 32945821) is a company from THISTED. The company recorded a gross profit of 0 kDKK in 2018. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NORS VVS- OG BLIKKENSLAGERFORRETNING A/S's liquidity measured by quick ratio was 0 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
2016
2017
2018
Volume
Net sales
Gross profit2 073.801 959.33
EBIT483.08320.67
Net earnings501.23197.93
Shareholders equity total1 871.991 319.92
Balance sheet total (assets)2 730.912 195.43
Net debt- 806.77- 394.92
Profitability
EBIT-%
ROA23.6 %13.5 %
ROE26.8 %12.4 %
ROI33.8 %20.4 %
Economic value added (EVA)376.18196.70-46.18
Solvency
Equity ratio68.5 %60.1 %
Gearing0.7 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.1
Current ratio3.02.3
Cash and cash equivalents819.92400.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

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