NORDBOLIG A/S — Credit Rating and Financial Key Figures

CVR number: 13890609
Stendalvej 605, 9830 Tårs

Company information

Official name
NORDBOLIG A/S
Personnel
1 person
Established
1990
Company form
Limited company
Industry

About NORDBOLIG A/S

NORDBOLIG A/S (CVR number: 13890609) is a company from HJØRRING. The company recorded a gross profit of 2060.3 kDKK in 2023. The operating profit was 1214.6 kDKK, while net earnings were 694.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. NORDBOLIG A/S's liquidity measured by quick ratio was 0.9 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 profit1 886.001 778.001 717.001 459.002 060.32
EBIT1 859.002 436.003 888.00734.001 214.61
Net earnings-39.00604.002 186.00-1 746.00694.46
Shareholders equity total12 213.0013 044.0015 475.0013 950.0014 644.03
Balance sheet total (assets)44 567.0046 394.0052 440.0053 176.0058 944.02
Net debt27 513.0029 221.0032 268.0033 470.0039 936.40
Profitability
EBIT-%
ROA6.0 %5.6 %8.1 %1.6 %4.4 %
ROE-0.4 %4.8 %15.3 %-11.9 %4.9 %
ROI6.2 %5.8 %8.3 %1.6 %4.5 %
Economic value added (EVA)765.9160.801 124.98-1 691.63-1 317.47
Solvency
Equity ratio27.4 %28.1 %29.5 %26.2 %24.8 %
Gearing226.1 %224.8 %209.5 %240.7 %273.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.00.30.9
Current ratio0.90.91.00.30.9
Cash and cash equivalents100.00100.00148.00111.00100.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:4.38%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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