NOBLE DRILLING DEEPWATER A/S — Credit Rating and Financial Key Figures

CVR number: 24212114
Lyngby Hovedgade 85, 2800 Kgs. Lyngby
tel: 33633363

Company information

Official name
NOBLE DRILLING DEEPWATER A/S
Established
1977
Company form
Limited company
Industry

About NOBLE DRILLING DEEPWATER A/S

NOBLE DRILLING DEEPWATER A/S (CVR number: 24212114) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 52.5 mUSD in 2023, demonstrating a growth of 94.9 % compared to the previous year. The operating profit percentage was poor at -30.8 % (EBIT: -16.2 mUSD), while net earnings were -22.8 mUSD. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -17.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NOBLE DRILLING DEEPWATER A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mUSD)

EBIT (mUSD)

Profitability

Solidity

Key figures (mUSD)

See financials
2019
2020
2021
2022
2023
Volume
Net sales17.3632.8015.8026.9352.48
Gross profit-23.43-20.591.10-14.87-5.89
EBIT-30.82-50.28-18.89-41.06-16.16
Net earnings-32.26-41.32-11.04-54.16-22.77
Shareholders equity total89.1447.8236.78-17.37-40.14
Balance sheet total (assets)158.52124.65126.67119.36135.62
Net debt47.1173.3481.13124.09157.00
Profitability
EBIT-%-177.5 %-153.3 %-119.6 %-152.5 %-30.8 %
ROA-19.3 %-34.9 %-15.0 %-31.1 %-10.0 %
ROE-30.6 %-60.3 %-26.1 %-69.4 %-17.9 %
ROI-20.8 %-37.2 %-15.7 %-33.5 %-10.9 %
Economic value added (EVA)-35.16-44.15-15.80-47.70-12.94
Solvency
Equity ratio56.2 %38.4 %29.0 %-12.7 %-22.8 %
Gearing57.6 %153.9 %223.2 %-721.2 %-394.2 %
Relative net indebtedness %353.6 %233.4 %562.9 %503.3 %324.5 %
Liquidity
Quick ratio0.40.30.30.20.8
Current ratio0.40.30.30.20.8
Cash and cash equivalents4.260.260.961.191.24
Capital use efficiency
Trade debtors turnover (days)240.013.64.876.764.4
Net working capital %-223.7 %-172.1 %-411.3 %-401.4 %-68.4 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-10.0%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-22.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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