NORDEN BYGNINGSENTREPRISE ApS — Credit Rating and Financial Key Figures

CVR number: 36050020
Harrestrupvej 161, 2740 Skovlunde

Credit rating

Company information

Official name
NORDEN BYGNINGSENTREPRISE ApS
Personnel
4 persons
Established
2014
Company form
Private limited company
Industry

About NORDEN BYGNINGSENTREPRISE ApS

NORDEN BYGNINGSENTREPRISE ApS (CVR number: 36050020) is a company from BALLERUP. The company reported a net sales of 2.6 mDKK in 2023, demonstrating a growth of 13.6 % compared to the previous year. The operating profit percentage was at 14.4 % (EBIT: 0.4 mDKK), while net earnings were 38.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDEN BYGNINGSENTREPRISE ApS's liquidity measured by quick ratio was 0 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 141.002 629.291 909.002 304.002 618.36
Gross profit941.001 872.371 334.001 546.001 947.38
EBIT-1 163.00676.37162.0063.00376.02
Net earnings-1 177.00653.62142.00-27.0038.65
Shareholders equity total4 033.934 687.554 829.004 802.004 840.33
Balance sheet total (assets)4 613.004 790.025 014.004 900.004 935.90
Net debt-2 609.00-2 852.16-2 412.00-1 959.00-1 351.67
Profitability
EBIT-%-101.9 %25.7 %8.5 %2.7 %14.4 %
ROA-20.5 %14.4 %3.3 %1.3 %7.7 %
ROE-25.5 %15.0 %3.0 %-0.6 %0.8 %
ROI-25.2 %15.5 %3.4 %1.3 %7.8 %
Economic value added (EVA)-1 230.69604.7669.77-76.72124.11
Solvency
Equity ratio87.4 %97.9 %96.3 %98.0 %98.1 %
Gearing
Relative net indebtedness %-177.9 %-104.6 %-116.7 %-80.8 %-48.0 %
Liquidity
Quick ratio337.140.324.8122.8
Current ratio367.740.324.8122.8
Cash and cash equivalents2 609.002 852.162 412.001 959.001 351.67
Capital use efficiency
Trade debtors turnover (days)168.3132.623.3123.9259.4
Net working capital %321.4 %153.1 %230.5 %200.9 %180.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.65%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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