NØRULF SERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 29782717
Stolbro Gade 23, 6430 Nordborg

Credit rating

Company information

Official name
NØRULF SERVICE ApS
Personnel
3 persons
Established
2006
Company form
Private limited company
Industry

About NØRULF SERVICE ApS

NØRULF SERVICE ApS (CVR number: 29782717) is a company from SØNDERBORG. The company recorded a gross profit of 1130 kDKK in 2023. The operating profit was -166.3 kDKK, while net earnings were -153.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.2 %, which can be considered poor and Return on Equity (ROE) was -50.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NØRULF SERVICE ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-4.00600.001 140.001 484.001 130.04
EBIT-4.00-90.0049.00321.00- 166.33
Net earnings1.00-70.0035.00247.00- 153.88
Shareholders equity total168.0098.00133.00380.00225.69
Balance sheet total (assets)588.00902.001 416.001 619.001 849.26
Net debt410.00269.00376.00603.001 087.99
Profitability
EBIT-%
ROA2.2 %-10.3 %5.1 %21.6 %-9.2 %
ROE0.6 %-52.6 %30.3 %96.3 %-50.8 %
ROI2.3 %-14.0 %11.0 %42.8 %-13.9 %
Economic value added (EVA)-12.24-78.3940.93245.44- 149.10
Solvency
Equity ratio28.6 %10.9 %10.7 %23.5 %12.2 %
Gearing244.6 %431.6 %312.8 %158.7 %482.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.81.01.11.0
Current ratio1.41.11.11.31.3
Cash and cash equivalents1.00154.0040.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-9.22%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.2%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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