NORTVIG HOLDING HORSENS ApS — Credit Rating and Financial Key Figures

CVR number: 31587573
Fuglevangsvej 47, 8700 Horsens
tn@nortvig-as.dk
tel: 23495103

Company information

Official name
NORTVIG HOLDING HORSENS ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About NORTVIG HOLDING HORSENS ApS

NORTVIG HOLDING HORSENS ApS (CVR number: 31587573) is a company from HORSENS. The company recorded a gross profit of 202 kDKK in 2023. The operating profit was -484.7 kDKK, while net earnings were 7671.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 25.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORTVIG HOLDING HORSENS ApS's liquidity measured by quick ratio was 0.2 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit296.19525.75507.07247.83201.95
EBIT31.17-62.57- 141.69- 414.54- 484.68
Net earnings1 919.462 893.006 762.143 710.947 671.95
Shareholders equity total12 100.3515 786.9721 544.7624 541.3035 862.16
Balance sheet total (assets)17 135.5216 668.1823 651.1227 019.9537 160.83
Net debt-5 033.00536.581 758.761 181.681 062.84
Profitability
EBIT-%
ROA13.2 %17.1 %33.8 %14.5 %23.6 %
ROE16.8 %20.7 %36.2 %16.1 %25.4 %
ROI14.6 %18.8 %34.1 %14.9 %24.1 %
Economic value added (EVA)365.10203.55-59.83109.93181.83
Solvency
Equity ratio70.6 %94.7 %91.1 %90.8 %96.5 %
Gearing18.0 %3.9 %8.6 %5.1 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.20.80.80.2
Current ratio1.82.20.80.80.2
Cash and cash equivalents7 216.1184.3386.0575.77134.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:23.6%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.5%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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