AKSEL NØRGAARD HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 62 946.44 | 66 517.90 | 80 962.91 | -1 845.68 | -1 920.24 |
EBIT | 7 387.86 | 6 317.37 | 14 736.84 | -5 651.95 | -8 906.19 |
Net earnings | 34 454.73 | 10 000.36 | 21 713.60 | 44 854.77 | 118 568.60 |
Shareholders equity total | 320 585.75 | 326 942.43 | 346 721.86 | 384 888.25 | 500 456.85 |
Balance sheet total (assets) | 439 566.21 | 437 287.64 | 444 657.27 | 419 634.07 | 559 167.60 |
Net debt | - 143 647.93 | - 150 681.04 | - 181 682.77 | - 283 310.10 | - 440 163.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.5 % | 4.8 % | 7.1 % | 10.7 % | 29.7 % |
ROE | 11.0 % | 3.1 % | 6.6 % | 12.4 % | 26.8 % |
ROI | 11.2 % | 5.0 % | 7.5 % | 11.1 % | 30.5 % |
Economic value added (EVA) | 5 760.34 | -1 894.76 | 4 632.13 | -10 431.08 | -11 621.66 |
Solvency | |||||
Equity ratio | 72.9 % | 74.8 % | 78.0 % | 91.7 % | 89.3 % |
Gearing | 28.8 % | 27.4 % | 21.0 % | 8.7 % | 6.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 3.8 | 5.0 | 45.1 | 15.3 |
Current ratio | 3.5 | 4.0 | 5.3 | 45.6 | 15.5 |
Cash and cash equivalents | 235 854.12 | 240 219.09 | 254 512.14 | 316 633.10 | 473 434.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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