NØRVO HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 12625685
Toosholmvej 9, Vorupør 7700 Thisted

Company information

Official name
NØRVO HOLDING A/S
Established
1988
Domicile
Vorupør
Company form
Limited company
Industry

About NØRVO HOLDING A/S

NØRVO HOLDING A/S (CVR number: 12625685) is a company from THISTED. The company recorded a gross profit of -9.6 kDKK in 2024. The operating profit was -9.6 kDKK, while net earnings were 324.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NØRVO HOLDING A/S's liquidity measured by quick ratio was 27.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.77-8.82-8.90-10.05-9.56
EBIT-8.77-8.82-8.90-10.05-9.56
Net earnings467.29450.5495.68186.30324.33
Shareholders equity total4 409.624 803.664 842.144 969.545 232.87
Balance sheet total (assets)4 467.874 902.204 865.494 988.885 303.19
Net debt- 410.25- 437.98- 385.92- 447.33- 492.41
Profitability
EBIT-%
ROA11.4 %10.0 %3.1 %4.1 %6.7 %
ROE11.1 %9.8 %2.0 %3.8 %6.4 %
ROI11.4 %10.2 %3.1 %4.1 %6.8 %
Economic value added (EVA)-8.8213.4433.3639.2949.74
Solvency
Equity ratio98.7 %98.0 %99.5 %99.6 %98.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio33.720.480.096.127.3
Current ratio33.720.480.096.127.3
Cash and cash equivalents410.25437.98385.92447.33492.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:6.71%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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