NOE Net A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NOE Net A/S
NOE Net A/S (CVR number: 28855206) is a company from HOLSTEBRO. The company recorded a gross profit of 71.2 mDKK in 2024. The operating profit was 26.9 mDKK, while net earnings were 9775 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32 %, 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. NOE Net A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 34 244.00 | 31 727.00 | 30 586.00 | 70 507.00 | 71 225.00 |
EBIT | -1 705.00 | -2 666.00 | -5 966.00 | 32 715.00 | 26 886.00 |
Net earnings | -5 205.00 | -7 907.00 | -12 988.00 | 12 539.00 | 9 775.00 |
Shareholders equity total | 248 196.00 | 240 290.00 | 227 302.00 | 339 840.00 | 349 615.00 |
Balance sheet total (assets) | 933 491.00 | 965 573.00 | 979 174.00 | 1 003 567.00 | 1 091 205.00 |
Net debt | 394 781.00 | 404 837.00 | 430 192.00 | 321 245.00 | 323 974.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | -0.2 % | -0.5 % | 3.8 % | 2.8 % |
ROE | -1.9 % | -3.2 % | -5.6 % | 4.4 % | 2.8 % |
ROI | 0.2 % | -0.3 % | -0.8 % | 5.6 % | 4.4 % |
Economic value added (EVA) | -10 168.58 | -10 591.11 | -12 986.14 | 17 983.92 | 8 004.09 |
Solvency | |||||
Equity ratio | 26.6 % | 24.9 % | 23.2 % | 33.9 % | 32.0 % |
Gearing | 159.1 % | 168.5 % | 189.3 % | 94.5 % | 92.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.3 | 0.4 | 0.9 | 1.2 |
Current ratio | 0.1 | 0.3 | 0.4 | 0.9 | 1.2 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | A |
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