NORFRAGT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORFRAGT ApS
NORFRAGT ApS (CVR number: 35529012) is a company from SOLRØD. The company recorded a gross profit of 1881.2 kDKK in 2024. The operating profit was -217.8 kDKK, while net earnings were -310.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -23.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NORFRAGT ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 156.78 | 1 584.55 | 1 586.61 | 2 462.99 | 1 881.23 |
EBIT | 355.41 | 177.80 | 23.08 | - 289.96 | - 217.76 |
Net earnings | 226.90 | 84.26 | -32.18 | - 371.52 | - 310.45 |
Shareholders equity total | 468.38 | 552.64 | 520.46 | 148.94 | - 161.52 |
Balance sheet total (assets) | 3 278.08 | 2 986.62 | 3 208.05 | 3 565.45 | 2 491.04 |
Net debt | - 965.54 | - 300.08 | - 831.17 | 256.93 | 675.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.0 % | 5.7 % | 0.7 % | -8.5 % | -6.6 % |
ROE | 63.9 % | 16.5 % | -6.0 % | -111.0 % | -23.5 % |
ROI | 100.1 % | 34.9 % | 4.3 % | -30.4 % | -15.2 % |
Economic value added (EVA) | 258.20 | 113.60 | -8.11 | - 323.83 | - 286.67 |
Solvency | |||||
Equity ratio | 14.3 % | 18.5 % | 16.2 % | 4.2 % | -6.1 % |
Gearing | 820.8 % | -812.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.0 | 1.5 | 1.7 |
Current ratio | 1.1 | 1.1 | 1.0 | 1.5 | 1.7 |
Cash and cash equivalents | 965.54 | 300.08 | 831.17 | 965.54 | 636.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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