NORR11 HOLDING ApS — Credit Rating and Financial Key Figures

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

Credit rating

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 819 kDKK in 2024. The operating profit was -159.7 kDKK, while net earnings were -3250.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -15.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -5.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit315.00406.24679.00729.00819.00
EBIT- 534.43- 479.35- 162.60- 248.45- 159.68
Net earnings-3 102.81- 198.65192.77369.92-3 250.74
Shareholders equity total- 112.82- 311.47- 118.70887.23-2 363.51
Balance sheet total (assets)23 107.7925 045.4043 596.2144 349.8241 487.25
Net debt23 164.4025 299.4243 661.3343 410.1843 798.99
Profitability
EBIT-%
ROA-4.6 %3.3 %0.9 %1.4 %-6.7 %
ROE-23.8 %-0.8 %0.6 %1.7 %-15.3 %
ROI-4.6 %3.3 %0.9 %1.4 %-6.7 %
Economic value added (EVA)-1 442.59-1 534.96-1 394.82-2 383.91-2 352.53
Solvency
Equity ratio-0.5 %-1.2 %-0.3 %2.0 %-5.4 %
Gearing-20571.1 %-8136.2 %-36818.5 %4897.3 %-1854.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.10.50.50.5
Current ratio0.80.10.50.50.5
Cash and cash equivalents43.7042.3841.0739.9139.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-6.72%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-5.39%
Rating: 0/100
-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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