NorSea Denmark Property A/S — Credit Rating and Financial Key Figures

CVR number: 42010375
Kanalen 1, 6700 Esbjerg

Company information

Official name
NorSea Denmark Property A/S
Established
2020
Company form
Limited company
Industry

About NorSea Denmark Property A/S

NorSea Denmark Property A/S (CVR number: 42010375) is a company from ESBJERG. The company recorded a gross profit of 12.5 mDKK in 2024. The operating profit was 4620 kDKK, while net earnings were 2050 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NorSea Denmark Property A/S's liquidity measured by quick ratio was 2.4 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 profit9 013.0010 910.0011 059.0012 105.0012 540.00
EBIT2 086.002 802.003 064.004 193.004 620.00
Net earnings264.004 142.00919.001 826.002 050.00
Shareholders equity total54 200.0059 952.0066 214.0066 743.0068 252.00
Balance sheet total (assets)139 774.00175 780.00172 610.00165 333.00171 653.00
Net debt79 169.00108 126.00102 872.0098 464.00102 531.00
Profitability
EBIT-%
ROA1.5 %1.8 %1.8 %3.2 %3.5 %
ROE0.5 %7.3 %1.5 %2.7 %3.0 %
ROI1.5 %1.8 %1.8 %3.2 %3.6 %
Economic value added (EVA)1 481.06-4 712.37-6 028.91-5 141.44-4 697.77
Solvency
Equity ratio38.8 %34.1 %38.4 %40.4 %39.8 %
Gearing146.1 %180.4 %155.4 %147.5 %150.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.02.22.22.62.4
Current ratio0.02.22.22.62.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.54%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.8%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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