NORVEGUS FONDEN — Credit Rating and Financial Key Figures

CVR number: 33595999
Sandskredsvej 12, Hølkerup 4500 Nykøbing Sj

Credit rating

Company information

Official name
NORVEGUS FONDEN
Established
2011
Domicile
Hølkerup
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10.5415.97- 116.26- 212.3373.99
EBIT-14.34-5.73112.34- 252.33-15.75
Net earnings-90.76- 114.149.50- 400.19-82.16
Shareholders equity total2 295.362 261.812 416.122 382.552 257.76
Balance sheet total (assets)4 720.534 670.044 793.984 052.154 200.43
Net debt1 477.231 482.97831.221 149.611 221.75
Profitability
EBIT-%
ROA0.5 %-0.1 %2.4 %-5.5 %-0.0 %
ROE-3.8 %-5.0 %0.4 %-16.7 %-3.5 %
ROI0.6 %-0.1 %2.6 %-5.9 %-0.0 %
Economic value added (EVA)- 166.96- 190.37-63.19- 384.04- 158.30
Solvency
Equity ratio48.7 %48.5 %50.5 %58.9 %54.3 %
Gearing71.3 %71.3 %72.1 %56.7 %63.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.41.71.00.6
Current ratio0.20.41.61.00.6
Cash and cash equivalents158.58129.97910.00201.01204.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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