NORAD A/S — Credit Rating and Financial Key Figures

CVR number: 36438916
Ved Skoven 35, 8541 Skødstrup
www@norad.dk
tel: 98909988
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Company information

Official name
NORAD A/S
Personnel
16 persons
Established
1975
Company form
Limited company
Industry

About NORAD A/S

NORAD A/S (CVR number: 36438916) is a company from AARHUS. The company recorded a gross profit of 22.7 mDKK in 2024. The operating profit was 10.6 mDKK, while net earnings were 10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 36.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NORAD A/S's liquidity measured by quick ratio was 2.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit10 908.966 683.8516 734.3921 439.2922 694.55
EBIT3 553.972 166.979 785.2112 319.4010 584.10
Net earnings5 237.662 769.5710 680.8510 232.4210 654.52
Shareholders equity total11 532.8612 302.1022 979.5924 219.2134 871.46
Balance sheet total (assets)25 151.8830 353.1655 585.47111 713.8570 593.90
Net debt-3 833.38- 420.631 799.41-27 035.78-9 158.01
Profitability
EBIT-%
ROA22.7 %13.2 %30.5 %16.7 %15.1 %
ROE45.9 %23.2 %60.5 %43.4 %36.1 %
ROI52.5 %29.3 %68.4 %47.2 %35.4 %
Economic value added (EVA)2 155.761 072.947 000.118 292.946 514.07
Solvency
Equity ratio45.9 %64.2 %43.8 %21.7 %49.4 %
Gearing1.2 %1.5 %10.3 %0.1 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.51.71.42.3
Current ratio1.81.61.61.42.5
Cash and cash equivalents3 966.08608.41570.5127 054.679 446.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:15.1%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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