NOBLE DRILLING DEEPWATER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mUSD)
EBIT (mUSD)
Profitability
Solidity
Key figures (mUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 17.36 | 32.80 | 15.80 | 26.93 | 52.48 |
Gross profit | -23.43 | -20.59 | 1.10 | -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 total | 89.14 | 47.82 | 36.78 | -17.37 | -40.14 |
Balance sheet total (assets) | 158.52 | 124.65 | 126.67 | 119.36 | 135.62 |
Net debt | 47.11 | 73.34 | 81.13 | 124.09 | 157.00 |
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 ratio | 56.2 % | 38.4 % | 29.0 % | -12.7 % | -22.8 % |
Gearing | 57.6 % | 153.9 % | 223.2 % | -721.2 % | -394.2 % |
Relative net indebtedness % | 353.6 % | 233.4 % | 562.9 % | 503.3 % | 324.5 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 0.3 | 0.2 | 0.8 |
Current ratio | 0.4 | 0.3 | 0.3 | 0.2 | 0.8 |
Cash and cash equivalents | 4.26 | 0.26 | 0.96 | 1.19 | 1.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 240.0 | 13.6 | 4.8 | 76.7 | 64.4 |
Net working capital % | -223.7 % | -172.1 % | -411.3 % | -401.4 % | -68.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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