Norican Global A/S — Credit Rating and Financial Key Figures

CVR number: 36458755
Højager 8, Høje Taastr. 2630 Taastrup

Company information

Official name
Norican Global A/S
Established
2014
Domicile
Høje Taastr.
Company form
Limited company
Industry

About Norican Global A/S

Norican Global A/S (CVR number: 36458755) is a company from Høje-Taastrup. The company recorded a gross profit of 0 kEUR in 2024. The operating profit was 0 kEUR, while net earnings were 98 kEUR. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Norican Global 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit
EBIT-1.00-7.00
Net earnings-1.00-7.0056.0098.00
Shareholders equity total154 620.00154 688.00154 623.00155 256.00
Balance sheet total (assets)154 620.00154 688.00202 260.00206 242.00
Net debt-1 329.00-1 395.0047 559.0050 908.00
Profitability
EBIT-%
ROA-0.0 %-0.0 %1.3 %1.7 %
ROE-0.0 %-0.0 %0.0 %0.1 %
ROI-0.0 %-0.0 %1.7 %2.2 %
Economic value added (EVA)-7 755.13-7 775.10-7 773.07-10 162.96
Solvency
Equity ratio50.0 %50.0 %61.9 %60.4 %
Gearing30.8 %32.8 %
Relative net indebtedness %
Liquidity
Quick ratio-0.0-0.00.00.0
Current ratio-0.0-0.00.00.0
Cash and cash equivalents1 329.001 395.0066.0051.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBAA

Variable visualization

ROA:1.69%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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