NOAH PROJECTS AND LOGISTICS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NOAH PROJECTS AND LOGISTICS A/S
NOAH PROJECTS AND LOGISTICS A/S (CVR number: 31884098) is a company from HELSINGØR. The company recorded a gross profit of 552.8 kDKK in 2023. The operating profit was -9.8 kDKK, while net earnings were -29.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NOAH PROJECTS AND LOGISTICS A/S's liquidity measured by quick ratio was 22.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 59.39 | 185.69 | 200.53 | 272.73 | 552.79 |
EBIT | - 396.09 | - 439.32 | - 408.03 | - 342.18 | -9.82 |
Net earnings | - 479.72 | - 580.88 | - 383.44 | - 290.14 | -29.36 |
Shareholders equity total | -2 170.64 | -2 751.52 | 1 305.37 | 1 015.73 | 986.37 |
Balance sheet total (assets) | 2 251.37 | 1 794.16 | 1 392.89 | 1 078.29 | 1 031.43 |
Net debt | 2 602.60 | 3 165.09 | - 923.77 | - 605.50 | - 574.10 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.0 % | -9.8 % | -10.2 % | -26.6 % | 0.4 % |
ROE | -19.4 % | -28.7 % | -24.7 % | -25.0 % | -2.9 % |
ROI | -9.4 % | -10.1 % | -10.6 % | -28.3 % | 0.4 % |
Economic value added (EVA) | - 178.89 | - 148.59 | - 117.81 | - 298.12 | -28.28 |
Solvency | |||||
Equity ratio | -49.1 % | -60.5 % | 93.7 % | 94.2 % | 95.6 % |
Gearing | -197.5 % | -160.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 15.9 | 17.2 | 22.8 |
Current ratio | 0.5 | 0.4 | 15.9 | 17.2 | 22.8 |
Cash and cash equivalents | 1 683.70 | 1 237.58 | 923.77 | 605.50 | 574.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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