NØRGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 33359349
Amagertorv 13, 1160 København K
tel: 33120428

Credit rating

Company information

Official name
NØRGAARD A/S
Personnel
31 persons
Established
2010
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 514.3112 189.1314 307.8011 285.6110 887.79
EBIT295.573 374.793 024.70449.18- 665.69
Net earnings211.472 627.882 325.59396.06- 485.41
Shareholders equity total5 907.028 534.9110 860.509 256.568 771.15
Balance sheet total (assets)12 113.2314 820.7416 930.5314 871.9212 143.66
Net debt-6 187.41-7 293.83-7 356.27-4 667.81- 418.95
Profitability
EBIT-%
ROA2.5 %25.1 %19.1 %3.5 %-4.2 %
ROE3.1 %36.4 %24.0 %3.9 %-5.4 %
ROI4.2 %44.8 %31.0 %5.2 %-5.8 %
Economic value added (EVA)- 151.922 350.381 936.75- 201.13-1 044.40
Solvency
Equity ratio48.8 %58.1 %64.6 %62.8 %72.9 %
Gearing2.9 %0.1 %1.1 %10.1 %7.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.51.71.51.4
Current ratio1.72.02.52.53.3
Cash and cash equivalents6 360.887 301.327 470.815 606.081 035.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:-4.18%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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