EDC ANKER NØRGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 27270476
Vejgård Torv 5, 9000 Aalborg
tel: 98167808

Credit rating

Company information

Official name
EDC ANKER NØRGAARD A/S
Personnel
7 persons
Established
2003
Company form
Limited company
Industry

About EDC ANKER NØRGAARD A/S

EDC ANKER NØRGAARD A/S (CVR number: 27270476) is a company from AALBORG. The company recorded a gross profit of 1787.5 kDKK in 2023. The operating profit was -62 kDKK, while net earnings were -188.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. EDC ANKER NØRGAARD A/S'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 profit3 221.962 916.403 454.711 627.761 787.48
EBIT- 127.40- 301.24-81.16- 970.86-61.95
Net earnings27.3022.7316.70- 384.94- 188.93
Shareholders equity total4 513.294 536.024 552.724 167.783 978.85
Balance sheet total (assets)5 250.165 769.645 431.015 512.475 456.24
Net debt- 697.87- 687.37- 255.48804.55243.16
Profitability
EBIT-%
ROA19.5 %0.6 %0.5 %-6.7 %-2.8 %
ROE0.6 %0.5 %0.4 %-8.8 %-4.6 %
ROI22.9 %0.8 %0.6 %-7.6 %-3.0 %
Economic value added (EVA)- 298.19- 410.05- 256.23-1 183.15- 265.52
Solvency
Equity ratio86.0 %78.6 %83.8 %75.6 %72.9 %
Gearing21.6 %21.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.10.70.10.5
Current ratio1.41.10.70.10.5
Cash and cash equivalents697.87687.37255.4896.25628.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.75%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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