NØRAGER BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 21867217
Bredgade 17, 9610 Nørager
tel: 98551040

Credit rating

Company information

Official name
NØRAGER BRUGSFORENING
Established
1999
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About NØRAGER BRUGSFORENING

NØRAGER BRUGSFORENING (CVR number: 21867217) is a company from REBILD. The company reported a net sales of 18.4 mDKK in 2023, demonstrating a decline of -7.9 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 0.4 mDKK), while net earnings were 579 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NØRAGER BRUGSFORENING's liquidity measured by quick ratio was 6.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales14 825.2612 623.6315 916.5919 928.2118 356.98
Gross profit764.80493.19612.80507.22619.25
EBIT545.11271.83393.42293.96372.82
Net earnings747.77541.10610.11537.31578.99
Shareholders equity total3 843.564 384.664 994.775 532.076 111.06
Balance sheet total (assets)5 367.165 880.145 947.956 288.846 756.71
Net debt64.65- 772.47-1 255.51-1 276.24-2 103.73
Profitability
EBIT-%3.7 %2.2 %2.5 %1.5 %2.0 %
ROA14.8 %10.3 %11.7 %10.9 %11.0 %
ROE21.6 %13.2 %13.0 %10.2 %9.9 %
ROI16.2 %11.1 %12.7 %11.7 %11.6 %
Economic value added (EVA)374.7384.62194.8458.8594.07
Solvency
Equity ratio71.6 %74.6 %84.0 %88.0 %90.4 %
Gearing14.7 %8.8 %
Relative net indebtedness %6.9 %2.7 %-2.1 %-3.2 %-8.8 %
Liquidity
Quick ratio1.42.23.04.46.2
Current ratio2.02.63.75.56.9
Cash and cash equivalents498.831 159.151 255.511 276.242 103.73
Capital use efficiency
Trade debtors turnover (days)0.60.60.71.40.9
Net working capital %2.7 %7.2 %7.9 %7.4 %11.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.4%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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