Norsestorm ApS — Credit Rating and Financial Key Figures

CVR number: 40680985
Kiplings Alle 69, 9260 Gistrup
info@norsestorm.dk
tel: 22980666

Company information

Official name
Norsestorm ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Norsestorm ApS

Norsestorm ApS (CVR number: 40680985) is a company from AALBORG. The company recorded a gross profit of 89.2 kDKK in 2023. The operating profit was 22 kDKK, while net earnings were 20.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 5.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Norsestorm ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-0.93-34.27-5.91259.3789.17
EBIT-0.93-35.13-8.18258.3922.02
Net earnings-1.04-32.21-7.74191.6120.40
Shareholders equity total38.9646.7639.02230.63115.83
Balance sheet total (assets)38.96168.29224.751 693.992 052.72
Net debt-38.78-4.43-22.99- 607.13- 226.08
Profitability
EBIT-%
ROA-2.4 %-33.9 %-4.2 %27.0 %1.6 %
ROE-2.7 %-75.1 %-18.0 %142.1 %11.8 %
ROI-2.4 %-82.0 %-19.1 %191.9 %17.5 %
Economic value added (EVA)-0.93-30.09-9.13198.154.55
Solvency
Equity ratio100.0 %27.8 %17.4 %13.6 %5.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.20.80.50.9
Current ratio1.41.21.21.1
Cash and cash equivalents38.784.4322.99607.13226.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:1.62%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.64%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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