NOBLE DRILLING NORTH SEA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 23 951.00 | 8 922.00 | |||
Gross profit | 2 765.00 | -21 563.00 | 221 027.00 | 1 992.00 | 7 045.00 |
EBIT | -22 760.00 | - 113 980.00 | 211 113.00 | 2 797.00 | -3 350.00 |
Net earnings | -26 674.00 | -92 042.00 | 164 641.00 | 13 491.00 | 8 735.00 |
Shareholders equity total | 208 015.00 | 115 973.00 | 280 614.00 | 294 105.00 | 302 840.00 |
Balance sheet total (assets) | 325 077.00 | 230 390.00 | 383 426.00 | 311 584.00 | 324 353.00 |
Net debt | 78 853.00 | 100 733.00 | 36 997.00 | 424.00 | 6 352.00 |
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 | - 100 092.92 | 159 139.21 | -12 114.98 | -19 338.18 |
Solvency | |||||
Equity ratio | 64.0 % | 50.3 % | 73.2 % | 94.4 % | 93.4 % |
Gearing | 37.9 % | 86.9 % | 13.2 % | 0.1 % | 2.1 % |
Relative net indebtedness % | 357.5 % | 1141.4 % | |||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 3.6 | 125.7 | 29.7 |
Current ratio | 0.2 | 0.1 | 3.6 | 125.7 | 29.7 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 63.8 | ||||
Net working capital % | -298.8 % | -1062.6 % | |||
Credit risk | |||||
Credit rating | A | BBB | A | AA | AA |
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