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 -5247.3 kEUR in 2024. The operating profit was -8185.6 kEUR, while net earnings were -8014.4 kEUR. The profitability of the company measured by Return on Assets (ROA) was -43.1 %, which can be considered poor and Return on Equity (ROE) was -75.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nornorm 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -42 029.09 | -8 029.00 | -6 292.00 | -5 247.28 |
EBIT | -55 024.37 | -10 106.00 | -8 903.00 | -8 185.56 |
Net earnings | -54 009.35 | -10 176.00 | -8 939.00 | -8 014.39 |
Shareholders equity total | 37 865.00 | 17 892.00 | 8 954.00 | 12 163.80 |
Balance sheet total (assets) | 42 316.62 | 26 157.00 | 16 952.00 | 19 631.68 |
Net debt | -10 617.03 | -10 511.00 | - 143.00 | 4 568.56 |
Profitability | ||||
EBIT-% | ||||
ROA | -127.9 % | -29.5 % | -41.2 % | -43.1 % |
ROE | -142.6 % | -36.5 % | -66.6 % | -75.9 % |
ROI | -141.8 % | -31.7 % | -42.3 % | -45.6 % |
Economic value added (EVA) | -51 808.66 | -11 879.36 | -10 193.22 | -9 005.59 |
Solvency | ||||
Equity ratio | 89.5 % | 68.4 % | 52.8 % | 62.0 % |
Gearing | 0.8 % | 43.5 % | 82.3 % | 50.4 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 6.9 | 2.6 | 1.5 | 1.2 |
Current ratio | 6.9 | 2.6 | 1.5 | 1.2 |
Cash and cash equivalents | 10 925.86 | 18 295.00 | 7 508.00 | 1 556.38 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
Variable visualization
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