NØRGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NØRGAARD A/S
NØRGAARD A/S (CVR number: 33359349) is a company from KØBENHAVN. The company recorded a gross profit of 10.9 mDKK in 2024. The operating profit was -665.7 kDKK, while net earnings were -485.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. NØRGAARD A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 514.31 | 12 189.13 | 14 307.80 | 11 285.61 | 10 887.79 |
EBIT | 295.57 | 3 374.79 | 3 024.70 | 449.18 | - 665.69 |
Net earnings | 211.47 | 2 627.88 | 2 325.59 | 396.06 | - 485.41 |
Shareholders equity total | 5 907.02 | 8 534.91 | 10 860.50 | 9 256.56 | 8 771.15 |
Balance sheet total (assets) | 12 113.23 | 14 820.74 | 16 930.53 | 14 871.92 | 12 143.66 |
Net debt | -6 187.41 | -7 293.83 | -7 356.27 | -4 667.81 | - 418.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | 25.1 % | 19.1 % | 3.5 % | -4.2 % |
ROE | 3.1 % | 36.4 % | 24.0 % | 3.9 % | -5.4 % |
ROI | 4.2 % | 44.8 % | 31.0 % | 5.2 % | -5.8 % |
Economic value added (EVA) | - 151.92 | 2 350.38 | 1 936.75 | - 201.13 | -1 044.40 |
Solvency | |||||
Equity ratio | 48.8 % | 58.1 % | 64.6 % | 62.8 % | 72.9 % |
Gearing | 2.9 % | 0.1 % | 1.1 % | 10.1 % | 7.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | 1.7 | 1.5 | 1.4 |
Current ratio | 1.7 | 2.0 | 2.5 | 2.5 | 3.3 |
Cash and cash equivalents | 6 360.88 | 7 301.32 | 7 470.81 | 5 606.08 | 1 035.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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