NORR11 HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35640649
Østergade 17, 1100 København K
lkj@norr11.com

Company information

Official name
NORR11 HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About NORR11 HOLDING ApS

NORR11 HOLDING ApS (CVR number: 35640649) is a company from KØBENHAVN. The company recorded a gross profit of 729 kDKK in 2023. The operating profit was -248.5 kDKK, while net earnings were 369.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NORR11 HOLDING ApS's liquidity measured by quick ratio was 0.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit317.35315.00406.24679.00729.00
EBIT-1 992.36- 534.43- 479.35- 162.60- 248.45
Net earnings-1 166.76-3 102.81- 198.65192.77369.92
Shareholders equity total2 989.99- 112.82- 311.47- 118.70887.23
Balance sheet total (assets)22 638.3423 107.7925 045.4043 596.2144 349.82
Net debt19 590.6123 164.4025 299.4243 661.3343 410.18
Profitability
EBIT-%
ROA1.7 %-4.6 %3.3 %0.9 %1.4 %
ROE-32.7 %-23.8 %-0.8 %0.6 %1.7 %
ROI1.7 %-4.6 %3.3 %0.9 %1.4 %
Economic value added (EVA)-2 194.81- 452.30- 366.55713.82661.83
Solvency
Equity ratio13.2 %-0.5 %-1.2 %-0.3 %2.0 %
Gearing656.7 %-20571.1 %-8136.2 %-36818.5 %4897.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.80.10.50.5
Current ratio0.20.80.10.50.5
Cash and cash equivalents45.2343.7042.3841.0739.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:1.43%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.00%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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