NEO NOR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NEO NOR A/S
NEO NOR A/S (CVR number: 74597912) is a company from KØBENHAVN. The company recorded a gross profit of -52 kDKK in 2023. The operating profit was -52.7 kDKK, while net earnings were -117.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NEO NOR A/S's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 34.04 | 26.12 | 11.18 | 9.25 | -52.05 |
EBIT | - 119.23 | -71.66 | -84.20 | -47.11 | -52.74 |
Net earnings | - 128.87 | -33.65 | - 123.08 | -82.68 | - 117.78 |
Shareholders equity total | - 470.84 | - 504.49 | - 627.57 | - 710.25 | - 828.02 |
Balance sheet total (assets) | 1 188.98 | 1 287.65 | 1 292.86 | 1 357.12 | 1 412.26 |
Net debt | 1 630.46 | 1 759.25 | 1 905.47 | 2 022.48 | 2 189.90 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.3 % | -3.9 % | -4.2 % | -1.4 % | -1.5 % |
ROE | -10.5 % | -2.7 % | -9.5 % | -6.2 % | -8.5 % |
ROI | -7.4 % | -3.9 % | -4.3 % | -1.4 % | -1.5 % |
Economic value added (EVA) | -68.96 | -27.13 | -42.04 | -4.29 | -2.59 |
Solvency | |||||
Equity ratio | -28.4 % | -28.2 % | -32.7 % | -34.4 % | -37.0 % |
Gearing | -346.7 % | -351.3 % | -304.8 % | -289.6 % | -268.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
Current ratio | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | 1.83 | 13.22 | 7.13 | 34.63 | 28.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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