AKSEL NØRGAARD HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 18465388
Østerbrogade 28, 7500 Holstebro
tel: 97426917

Company information

Official name
AKSEL NØRGAARD HOLDING A/S
Personnel
2 persons
Established
1995
Company form
Limited company
Industry

About AKSEL NØRGAARD HOLDING A/S

AKSEL NØRGAARD HOLDING A/S (CVR number: 18465388K) is a company from HOLSTEBRO. The company recorded a gross profit of -1920.2 kDKK in 2020. The operating profit was -8906.2 kDKK, while net earnings were 118.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.7 %, which can be considered excellent and Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AKSEL NØRGAARD HOLDING A/S's liquidity measured by quick ratio was 15.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit62 946.4466 517.9080 962.91-1 845.68-1 920.24
EBIT7 387.866 317.3714 736.84-5 651.95-8 906.19
Net earnings34 454.7310 000.3621 713.6044 854.77118 568.60
Shareholders equity total320 585.75326 942.43346 721.86384 888.25500 456.85
Balance sheet total (assets)439 566.21437 287.64444 657.27419 634.07559 167.60
Net debt- 143 647.93- 150 681.04- 181 682.77- 283 310.10- 440 163.09
Profitability
EBIT-%
ROA10.5 %4.8 %7.1 %10.7 %29.7 %
ROE11.0 %3.1 %6.6 %12.4 %26.8 %
ROI11.2 %5.0 %7.5 %11.1 %30.5 %
Economic value added (EVA)5 760.34-1 894.764 632.13-10 431.08-11 621.66
Solvency
Equity ratio72.9 %74.8 %78.0 %91.7 %89.3 %
Gearing28.8 %27.4 %21.0 %8.7 %6.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.33.85.045.115.3
Current ratio3.54.05.345.615.5
Cash and cash equivalents235 854.12240 219.09254 512.14316 633.10473 434.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:29.7%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.3%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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