Norlys Fibernet A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Norlys Fibernet A/S
Norlys Fibernet A/S (CVR number: 36423544) is a company from SILKEBORG. The company reported a net sales of 1388.9 mDKK in 2024, demonstrating a growth of 7 % compared to the previous year. The operating profit percentage was at 17.5 % (EBIT: 242.7 mDKK), while net earnings were -63.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Norlys Fibernet A/S's liquidity measured by quick ratio was 0.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 856.56 | 906.05 | 1 132.13 | 1 298.40 | 1 388.91 |
Gross profit | 340.32 | 401.48 | 892.85 | 1 141.83 | 1 218.98 |
EBIT | -87.75 | -36.04 | 105.47 | 154.39 | 242.74 |
Net earnings | -80.31 | -45.83 | 9.95 | -92.19 | -63.28 |
Shareholders equity total | 939.18 | 893.35 | 2 402.22 | 2 205.26 | 2 162.90 |
Balance sheet total (assets) | 3 563.19 | 3 739.35 | 9 971.26 | 10 663.50 | 10 810.20 |
Net debt | 8 008.66 | 8 154.72 | |||
Profitability | |||||
EBIT-% | -10.2 % | -4.0 % | 9.3 % | 11.9 % | 17.5 % |
ROA | -2.6 % | -1.0 % | 1.5 % | 2.1 % | 2.6 % |
ROE | -8.2 % | -5.0 % | 0.6 % | -4.0 % | -2.9 % |
ROI | -2.6 % | -1.0 % | 1.5 % | 2.1 % | 2.7 % |
Economic value added (EVA) | - 138.98 | -83.24 | 60.58 | -0.70 | - 276.28 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 20.7 % | 20.1 % |
Gearing | 363.9 % | 377.4 % | |||
Relative net indebtedness % | 642.1 % | 613.9 % | |||
Liquidity | |||||
Quick ratio | 0.9 | 0.7 | |||
Current ratio | 0.9 | 0.6 | |||
Cash and cash equivalents | 16.56 | 8.36 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 16.6 | 15.6 | |||
Net working capital % | -8.3 % | -29.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | A |
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