NORSCON ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORSCON ApS
NORSCON ApS (CVR number: 31267269) is a company from GREVE. The company reported a net sales of -0.1 mDKK in 2018, demonstrating a decline of -175.7 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -119 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.3 %, which can be considered poor and Return on Equity (ROE) was -66.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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. NORSCON ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 266.75 | 138.63 | - 104.97 |
Gross profit | 266.75 | 138.63 | - 104.97 |
EBIT | 266.75 | 138.63 | - 104.97 |
Net earnings | 207.27 | 107.73 | - 119.00 |
Shareholders equity total | 480.66 | 288.39 | 69.39 |
Balance sheet total (assets) | 587.72 | 416.47 | 271.19 |
Net debt | - 541.66 | - 324.66 | -81.93 |
Profitability | |||
EBIT-% | 100.0 % | 100.0 % | |
ROA | 45.4 % | 27.9 % | -30.3 % |
ROE | 43.1 % | 28.0 % | -66.5 % |
ROI | 55.5 % | 36.4 % | -41.0 % |
Economic value added (EVA) | 207.88 | 110.99 | - 103.15 |
Solvency | |||
Equity ratio | 81.8 % | 69.2 % | 25.6 % |
Gearing | 216.2 % | ||
Relative net indebtedness % | -162.9 % | -141.8 % | 28.7 % |
Liquidity | |||
Quick ratio | 5.5 | 3.3 | 1.3 |
Current ratio | 5.5 | 3.3 | 1.3 |
Cash and cash equivalents | 541.66 | 324.66 | 231.93 |
Capital use efficiency | |||
Trade debtors turnover (days) | 58.3 | - 121.6 | |
Net working capital % | 180.2 % | 167.3 % | -25.3 % |
Credit risk | |||
Credit rating | BBB | BB | BB |
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