NORBO VINDUER A/S — Credit Rating and Financial Key Figures

CVR number: 33748094
Industrivej 11, Vangen 9900 Frederikshavn
info@nor-bo.dk
tel: 98479320

Credit rating

Company information

Official name
NORBO VINDUER A/S
Established
2011
Domicile
Vangen
Company form
Limited company
Industry
  • Expand more icon468300

About NORBO VINDUER A/S

NORBO VINDUER A/S (CVR number: 33748094) is a company from FREDERIKSHAVN. The company recorded a gross profit of -20.8 kDKK in 2023. The operating profit was -25.1 kDKK, while net earnings were -40.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -64.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NORBO VINDUER A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit45.7339.38-17.52-23.75-20.80
EBIT40.8435.38-21.52-27.75-25.14
Net earnings5.7919.67-27.59-56.96-40.72
Shareholders equity total- 355.77- 336.09- 363.68- 420.64- 461.36
Balance sheet total (assets)472.68557.64382.64310.69252.69
Net debt427.77184.04262.57409.52618.46
Profitability
EBIT-%
ROA5.3 %4.3 %-2.4 %-3.5 %-3.2 %
ROE1.4 %3.8 %-5.9 %-16.4 %-14.5 %
ROI7.4 %8.2 %-5.1 %-5.9 %-4.2 %
Economic value added (EVA)28.6436.53-11.33-19.23-15.90
Solvency
Equity ratio-42.9 %-37.6 %-48.7 %-57.5 %-64.6 %
Gearing-151.4 %-109.5 %-109.3 %-113.3 %-134.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.30.30.2
Current ratio0.60.60.50.40.4
Cash and cash equivalents110.73184.02134.9666.922.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-3.16%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-64.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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