J. NØRGAARD CAFE A/S — Credit Rating and Financial Key Figures

CVR number: 11427693
Amagertorv 1, 1160 København K
info@europa1989.dk
tel: 24596186

Credit rating

Company information

Official name
J. NØRGAARD CAFE A/S
Personnel
26 persons
Established
1987
Company form
Limited company
Industry

About J. NØRGAARD CAFE A/S

J. NØRGAARD CAFE A/S (CVR number: 11427693) is a company from KØBENHAVN. The company recorded a gross profit of 7870.7 kDKK in 2023. The operating profit was -2194.1 kDKK, while net earnings were -1282.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. J. NØRGAARD CAFE A/S's liquidity measured by quick ratio was 3.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit42 755.7932 106.6937 668.1121 615.637 870.71
EBIT2 824.822 990.517 396.38-1 321.38-2 194.09
Net earnings2 107.152 342.076 045.68- 483.68-1 282.43
Shareholders equity total3 491.9617 834.0323 879.7123 396.0322 113.60
Balance sheet total (assets)21 108.5831 182.0446 149.2730 941.9830 151.47
Net debt-1 976.62-6 634.09-5 611.24-2 574.75948.22
Profitability
EBIT-%
ROA16.5 %12.0 %20.7 %-1.4 %-5.3 %
ROE53.5 %22.0 %29.0 %-2.0 %-5.6 %
ROI45.8 %21.5 %32.0 %-2.0 %-6.7 %
Economic value added (EVA)2 100.312 454.205 267.52-1 813.18-2 729.18
Solvency
Equity ratio16.8 %57.2 %51.7 %75.6 %73.3 %
Gearing112.7 %6.4 %13.1 %2.5 %9.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.62.24.03.7
Current ratio1.22.72.24.03.7
Cash and cash equivalents5 911.877 784.368 740.323 153.071 106.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-5.27%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.3%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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