NORM DESIGN INTERNATIONAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORM DESIGN INTERNATIONAL ApS
NORM DESIGN INTERNATIONAL ApS (CVR number: 35396985) is a company from KØBENHAVN. The company reported a net sales of 3.7 mDKK in 2023, demonstrating a growth of 3.9 % compared to the previous year. The operating profit percentage was at 31.6 % (EBIT: 1.2 mDKK), while net earnings were 951.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.9 %, which can be considered excellent and Return on Equity (ROE) was 127.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORM DESIGN INTERNATIONAL ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 451.26 | 2 119.44 | 2 996.62 | 3 580.57 | 3 718.76 |
| Gross profit | 7.69 | 12.91 | 1 989.28 | 444.95 | 1 175.82 |
| EBIT | 7.69 | 12.91 | 1 989.28 | 444.95 | 1 175.82 |
| Net earnings | 5.34 | 7.17 | 1 545.47 | 332.77 | 951.49 |
| Shareholders equity total | 94.83 | 102.00 | 1 647.48 | 435.25 | 1 056.74 |
| Balance sheet total (assets) | 947.18 | 1 575.94 | 3 341.50 | 2 583.54 | 2 840.06 |
| Net debt | - 145.66 | - 198.04 | - 249.46 | - 232.74 | - 125.68 |
| Profitability | |||||
| EBIT-% | 0.5 % | 0.6 % | 66.4 % | 12.4 % | 31.6 % |
| ROA | 1.1 % | 1.0 % | 80.9 % | 15.0 % | 45.9 % |
| ROE | 5.8 % | 7.3 % | 176.7 % | 32.0 % | 127.5 % |
| ROI | 8.3 % | 13.1 % | 227.4 % | 42.7 % | 167.0 % |
| Economic value added (EVA) | 1.50 | 5.31 | 1 546.52 | 264.30 | 894.28 |
| Solvency | |||||
| Equity ratio | 10.0 % | 6.5 % | 49.3 % | 16.8 % | 37.2 % |
| Gearing | |||||
| Relative net indebtedness % | 48.7 % | 60.2 % | 48.2 % | 53.5 % | 44.6 % |
| Liquidity | |||||
| Quick ratio | 1.1 | 1.1 | 2.0 | 1.2 | 1.6 |
| Current ratio | 1.1 | 1.1 | 2.0 | 1.2 | 1.6 |
| Cash and cash equivalents | 145.66 | 198.04 | 249.46 | 232.74 | 125.68 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 68.8 | 65.2 | 85.0 | 83.7 | 99.1 |
| Net working capital % | 6.5 % | 4.8 % | 55.0 % | 12.2 % | 28.4 % |
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BB |
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