NOROQ Properties ApS — Credit Rating and Financial Key Figures

CVR number: 41234598
Vallensbæk Torvevej 9 A, 2620 Albertslund

Credit rating

Company information

Official name
NOROQ Properties ApS
Established
2020
Company form
Private limited company
Industry

About NOROQ Properties ApS

NOROQ Properties ApS (CVR number: 41234598) is a company from BRØNDBY. The company recorded a gross profit of 230.1 kDKK in 2024. The operating profit was 4.2 kDKK, while net earnings were -149.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NOROQ Properties 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-27.2497.63344.35-15.21230.05
EBIT-27.2415.28208.38- 188.994.23
Net earnings-21.31-11.57107.59- 260.07- 149.52
Shareholders equity total18.694 207.138 014.727 754.647 605.12
Balance sheet total (assets)4 152.147 978.378 212.489 961.7314 339.02
Net debt4 085.112 200.15-1 586.541 922.476 202.57
Profitability
EBIT-%
ROA-0.7 %0.3 %2.6 %-2.0 %0.1 %
ROE-114.0 %-0.5 %1.8 %-3.3 %-1.9 %
ROI-0.7 %0.3 %2.6 %-2.1 %0.1 %
Economic value added (EVA)-21.25- 197.39- 250.28- 625.52- 486.92
Solvency
Equity ratio0.5 %52.7 %97.9 %77.8 %53.0 %
Gearing22068.3 %88.4 %0.3 %26.3 %86.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.49.70.10.0
Current ratio0.00.48.30.10.0
Cash and cash equivalents40.341 517.751 609.10117.14336.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.07%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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