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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: 18465388) is a company from HOLSTEBRO. The company recorded a gross profit of 10.7 mDKK in 2024. The operating profit was 8270.3 kDKK, while net earnings were 12.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, 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 175.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -2 742.58 | -3 609.07 | -3 726.05 | -4 371.60 | 10 676.64 |
| EBIT | -9 024.34 | -5 159.45 | -5 298.77 | -5 891.21 | 8 270.34 |
| Net earnings | 118 568.60 | -35 319.17 | 18 630.90 | 45 024.51 | 12 358.42 |
| Shareholders equity total | 500 456.84 | 455 137.67 | 463 768.58 | 508 793.08 | 521 151.51 |
| Balance sheet total (assets) | 530 437.64 | 460 018.53 | 470 603.43 | 515 010.45 | 524 298.46 |
| Net debt | - 468 388.53 | - 387 669.56 | - 400 159.23 | - 455 003.39 | - 509 219.34 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 31.5 % | 2.0 % | 5.5 % | 11.9 % | 5.9 % |
| ROE | 26.8 % | -7.4 % | 4.1 % | 9.3 % | 2.4 % |
| ROI | 32.4 % | 2.1 % | 5.6 % | 12.1 % | 5.9 % |
| Economic value added (EVA) | -26 597.84 | -29 477.99 | -27 073.55 | -27 866.14 | -20 176.83 |
| Solvency | |||||
| Equity ratio | 94.3 % | 98.9 % | 98.5 % | 98.8 % | 99.4 % |
| Gearing | 1.0 % | 0.8 % | 0.1 % | 0.1 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 16.2 | 84.9 | 60.8 | 74.1 | 175.3 |
| Current ratio | 16.2 | 84.9 | 60.8 | 74.1 | 175.3 |
| Cash and cash equivalents | 473 434.24 | 391 199.90 | 400 765.90 | 455 285.33 | 509 219.34 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | A |
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