NORVEGUS FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORVEGUS FONDEN
NORVEGUS FONDEN (CVR number: 33595999) is a company from ODSHERRED. The company recorded a gross profit of 74 kDKK in 2023. The operating profit was -15.7 kDKK, while net earnings were -82.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NORVEGUS FONDEN's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10.54 | 15.97 | - 116.26 | - 212.33 | 73.99 |
EBIT | -14.34 | -5.73 | 112.34 | - 252.33 | -15.75 |
Net earnings | -90.76 | - 114.14 | 9.50 | - 400.19 | -82.16 |
Shareholders equity total | 2 295.36 | 2 261.81 | 2 416.12 | 2 382.55 | 2 257.76 |
Balance sheet total (assets) | 4 720.53 | 4 670.04 | 4 793.98 | 4 052.15 | 4 200.43 |
Net debt | 1 477.23 | 1 482.97 | 831.22 | 1 149.61 | 1 221.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.5 % | -0.1 % | 2.4 % | -5.5 % | -0.0 % |
ROE | -3.8 % | -5.0 % | 0.4 % | -16.7 % | -3.5 % |
ROI | 0.6 % | -0.1 % | 2.6 % | -5.9 % | -0.0 % |
Economic value added (EVA) | - 166.96 | - 190.37 | -63.19 | - 384.04 | - 158.30 |
Solvency | |||||
Equity ratio | 48.7 % | 48.5 % | 50.5 % | 58.9 % | 54.3 % |
Gearing | 71.3 % | 71.3 % | 72.1 % | 56.7 % | 63.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.4 | 1.7 | 1.0 | 0.6 |
Current ratio | 0.2 | 0.4 | 1.6 | 1.0 | 0.6 |
Cash and cash equivalents | 158.58 | 129.97 | 910.00 | 201.01 | 204.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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