FLEMMING NØRGAARD INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 29528314
Teglvænget 76, Als 9560 Hadsund
fn@borgeninvest.dk
tel: 98581910

Credit rating

Company information

Official name
FLEMMING NØRGAARD INVEST ApS
Personnel
1 person
Established
2006
Domicile
Als
Company form
Private limited company
Industry

About FLEMMING NØRGAARD INVEST ApS

FLEMMING NØRGAARD INVEST ApS (CVR number: 29528314) is a company from MARIAGERFJORD. The company recorded a gross profit of 904 kDKK in 2024. The operating profit was -36.6 kDKK, while net earnings were -626 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.2 %, 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. FLEMMING NØRGAARD INVEST ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit890.86988.17879.34777.98903.97
EBIT966.811 144.1239.01- 830.17-36.64
Net earnings361.15507.73- 379.95-1 200.68- 626.01
Shareholders equity total5 730.046 343.496 231.205 018.214 400.76
Balance sheet total (assets)29 321.1430 118.7829 460.8328 008.9727 284.09
Net debt20 269.1720 211.1520 224.5620 489.4420 471.66
Profitability
EBIT-%
ROA3.6 %4.2 %0.5 %-2.5 %0.2 %
ROE6.5 %8.4 %-6.0 %-21.3 %-13.3 %
ROI3.8 %4.4 %0.5 %-2.6 %0.2 %
Economic value added (EVA)- 556.72- 520.29-1 418.03-2 086.34-1 403.07
Solvency
Equity ratio19.5 %21.1 %21.2 %17.9 %16.2 %
Gearing355.3 %320.2 %324.9 %408.5 %467.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.80.80.8
Current ratio0.70.80.80.80.8
Cash and cash equivalents92.3998.7818.9510.37103.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:0.21%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.2%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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