Magnus Nørlem ApS — Credit Rating and Financial Key Figures

CVR number: 39752166
Illerisørevej 51, Hvalpsund 9640 Farsø

Company information

Official name
Magnus Nørlem ApS
Established
2018
Domicile
Hvalpsund
Company form
Private limited company
Industry

About Magnus Nørlem ApS

Magnus Nørlem ApS (CVR number: 39752166) is a company from VESTHIMMERLANDS. The company reported a net sales of 1.8 mDKK in 2023, demonstrating a growth of 23.3 % compared to the previous year. The operating profit percentage was at 99.6 % (EBIT: 1.8 mDKK), while net earnings were 1854.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Magnus Nørlem ApS's liquidity measured by quick ratio was 190 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 294.991 822.202 143.111 454.281 793.39
Gross profit1 287.881 815.712 136.261 447.491 786.08
EBIT1 287.881 815.712 136.261 447.491 786.08
Net earnings1 294.221 831.232 205.361 335.091 854.32
Shareholders equity total7 214.368 959.8611 057.2112 284.3014 078.67
Balance sheet total (assets)7 219.368 964.8611 079.7512 289.3114 083.68
Net debt- 439.24- 624.20-1 208.86-1 522.38- 918.00
Profitability
EBIT-%99.5 %99.6 %99.7 %99.5 %99.6 %
ROA19.6 %22.7 %22.2 %13.1 %14.2 %
ROE19.6 %22.6 %22.0 %11.4 %14.1 %
ROI19.6 %22.7 %22.2 %13.1 %14.2 %
Economic value added (EVA)988.011 474.442 238.701 185.722 006.56
Solvency
Equity ratio99.9 %99.9 %99.8 %100.0 %100.0 %
Gearing
Relative net indebtedness %-33.5 %-34.0 %-55.4 %-104.3 %-50.9 %
Liquidity
Quick ratio90.0125.853.6314.1190.0
Current ratio90.0125.853.6314.1190.0
Cash and cash equivalents439.24624.201 208.861 522.38918.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %3.0 %0.9 %-0.3 %36.7 %6.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.2%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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