Jørgen Nørgaard ApS — Credit Rating and Financial Key Figures

CVR number: 40756434
Amagertorv 13, 1160 København K

Company information

Official name
Jørgen Nørgaard ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Jørgen Nørgaard ApS

Jørgen Nørgaard ApS (CVR number: 40756434) is a company from KØBENHAVN. The company recorded a gross profit of 3003.7 kDKK in 2023. The operating profit was 2489.5 kDKK, while net earnings were 2215 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Jørgen Nørgaard ApS's liquidity measured by quick ratio was 2.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit131.832 050.89- 881.073 331.433 003.74
EBIT278.243 420.90-1 564.352 628.692 489.53
Net earnings- 252.142 524.33-1 317.551 885.692 215.02
Shareholders equity total86 524.5487 991.8784 031.0184 816.7085 831.72
Balance sheet total (assets)106 698.30107 055.57104 445.19105 632.49106 104.72
Net debt-14 873.79-11 504.26-10 822.14-10 003.54-10 442.84
Profitability
EBIT-%
ROA0.3 %3.2 %-1.4 %2.6 %2.9 %
ROE-0.3 %2.9 %-1.5 %2.2 %2.6 %
ROI0.3 %3.4 %-1.5 %2.8 %3.1 %
Economic value added (EVA)197.55- 919.53-5 046.98-1 608.61-1 800.92
Solvency
Equity ratio81.1 %82.2 %80.5 %80.3 %81.0 %
Gearing4.4 %4.1 %4.1 %3.8 %3.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.33.72.22.02.5
Current ratio3.33.72.22.02.4
Cash and cash equivalents18 690.2515 115.2914 229.7313 206.9113 491.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:2.92%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.0%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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