NORDEN Gabon A/S — Credit Rating and Financial Key Figures

CVR number: 42545724
Strandvejen 52, 2900 Hellerup
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Credit rating

Company information

Official name
NORDEN Gabon A/S
Established
2021
Company form
Limited company
Industry

About NORDEN Gabon A/S

NORDEN Gabon A/S (CVR number: 42545724) is a company from GENTOFTE. The company reported a net sales of 22.9 mUSD in 2024, demonstrating a growth of 5 % compared to the previous year. The operating profit percentage was poor at -41 % (EBIT: -9.4 mUSD), while net earnings were -13.7 mUSD. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -30 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NORDEN Gabon A/S'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

Net sales (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2022
2023
2024
Volume
Net sales34 800.0021 800.0022 900.00
Gross profit11 800.00-1 100.00-5 300.00
EBIT6 100.00-7 700.00-9 400.00
Net earnings4 700.00-9 200.00-13 700.00
Shareholders equity total20 800.0011 600.00-2 100.00
Balance sheet total (assets)47 800.0071 000.0079 800.00
Net debt18 200.0049 200.0079 500.00
Profitability
EBIT-%17.5 %-35.3 %-41.0 %
ROA12.8 %-12.8 %-12.3 %
ROE22.6 %-56.8 %-30.0 %
ROI15.6 %-15.2 %-13.4 %
Economic value added (EVA)6 100.00-9 421.62-12 460.22
Solvency
Equity ratio43.5 %16.3 %-2.6 %
Gearing88.0 %425.0 %-3785.7 %
Relative net indebtedness %77.3 %272.0 %357.6 %
Liquidity
Quick ratio0.30.30.2
Current ratio0.30.30.2
Cash and cash equivalents100.00100.00
Capital use efficiency
Trade debtors turnover (days)55.6211.0208.8
Net working capital %-51.4 %-178.0 %-275.1 %
Credit risk
Credit ratingABBBBBB

Variable visualization

ROA:-12.3%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.56%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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