Nornorm A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nornorm A/S
Nornorm A/S (CVR number: 41554142) is a company from KØBENHAVN. The company recorded a gross profit of -6292 kEUR in 2023. The operating profit was -8903.1 kEUR, while net earnings were -8939.3 kEUR. The profitability of the company measured by Return on Assets (ROA) was -41.3 %, which can be considered poor and Return on Equity (ROE) was -66.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.8 %, 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. Nornorm A/S's liquidity measured by quick ratio was 1.5 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -42 029.09 | -8 029.00 | -6 292.04 |
EBIT | -55 024.37 | -10 106.00 | -8 903.09 |
Net earnings | -54 009.35 | -10 176.00 | -8 939.31 |
Shareholders equity total | 37 865.00 | 17 892.00 | 8 953.39 |
Balance sheet total (assets) | 42 316.62 | 26 157.00 | 16 950.27 |
Net debt | -10 617.03 | -10 511.00 | - 141.96 |
Profitability | |||
EBIT-% | |||
ROA | -127.9 % | -29.5 % | -41.3 % |
ROE | -142.6 % | -36.5 % | -66.6 % |
ROI | -141.8 % | -31.7 % | -42.4 % |
Economic value added (EVA) | -51 808.66 | -10 892.90 | -8 669.43 |
Solvency | |||
Equity ratio | 89.5 % | 68.4 % | 52.8 % |
Gearing | 0.8 % | 43.5 % | 82.3 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 6.9 | 2.6 | 1.5 |
Current ratio | 6.9 | 2.6 | 1.5 |
Cash and cash equivalents | 10 925.86 | 18 295.00 | 7 507.30 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BBB |
Variable visualization
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