NOBLE DRILLING NORTH SEA A/S — Credit Rating and Financial Key Figures

CVR number: 38281283
Lyngby Hovedgade 85, 2800 Kgs. Lyngby

Company information

Official name
NOBLE DRILLING NORTH SEA A/S
Established
2016
Company form
Limited company
Industry

About NOBLE DRILLING NORTH SEA A/S

NOBLE DRILLING NORTH SEA A/S (CVR number: 38281283) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 7045 kUSD in 2023. The operating profit was -3350 kUSD, while net earnings were 8735 kUSD. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NOBLE DRILLING NORTH SEA A/S's liquidity measured by quick ratio was 29.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2019
2020
2021
2022
2023
Volume
Net sales23 951.008 922.00
Gross profit2 765.00-21 563.00221 027.001 992.007 045.00
EBIT-22 760.00- 113 980.00211 113.002 797.00-3 350.00
Net earnings-26 674.00-92 042.00164 641.0013 491.008 735.00
Shareholders equity total208 015.00115 973.00280 614.00294 105.00302 840.00
Balance sheet total (assets)325 077.00230 390.00383 426.00311 584.00324 353.00
Net debt78 853.00100 733.0036 997.00424.006 352.00
Profitability
EBIT-%-95.0 %-1277.5 %
ROA-7.5 %-40.8 %69.2 %1.8 %2.4 %
ROE-12.1 %-56.8 %83.0 %4.7 %2.9 %
ROI-7.7 %-41.4 %75.6 %2.0 %2.4 %
Economic value added (EVA)-36 949.56- 100 092.92159 139.21-12 114.98-19 338.18
Solvency
Equity ratio64.0 %50.3 %73.2 %94.4 %93.4 %
Gearing37.9 %86.9 %13.2 %0.1 %2.1 %
Relative net indebtedness %357.5 %1141.4 %
Liquidity
Quick ratio0.20.13.6125.729.7
Current ratio0.20.13.6125.729.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)63.8
Net working capital %-298.8 %-1062.6 %
Credit risk
Credit ratingABBBAAAAA

Variable visualization

ROA:2.37%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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