Norgesvej 19 A/S — Credit Rating and Financial Key Figures

CVR number: 38797891
Finlandsvej 8, 6100 Haderslev

Credit rating

Company information

Official name
Norgesvej 19 A/S
Established
2017
Company form
Limited company
Industry

About Norgesvej 19 A/S

Norgesvej 19 A/S (CVR number: 38797891) is a company from HADERSLEV. The company recorded a gross profit of -53 kDKK in 2023. The operating profit was -53 kDKK, while net earnings were 5903 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48 %, which can be considered excellent and Return on Equity (ROE) was 94 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. Norgesvej 19 A/S's liquidity measured by quick ratio was 0 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 profit-72.73-14.80-12.26-15.88-53.00
EBIT-72.73-14.80-12.26-15.88-53.00
Net earnings- 167.91- 126.83- 129.34- 600.625 902.95
Shareholders equity total155.3628.53- 100.81-3 781.492 121.47
Balance sheet total (assets)13 135.3313 412.1313 691.8710 439.4110 534.62
Net debt12 966.6213 359.4613 758.5914 170.498 403.07
Profitability
EBIT-%
ROA1.5 %1.7 %1.7 %-0.2 %48.0 %
ROE-70.2 %-137.9 %-1.9 %-5.0 %94.0 %
ROI1.5 %1.7 %1.7 %-0.2 %48.2 %
Economic value added (EVA)179.39232.07240.33245.05235.50
Solvency
Equity ratio1.2 %0.2 %-0.7 %-26.6 %20.1 %
Gearing8348.5 %46835.6 %-13648.5 %-374.7 %396.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.10.10.0
Current ratio0.40.40.10.10.0
Cash and cash equivalents3.361.340.160.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:48.0%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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