Norqi ApS — Credit Rating and Financial Key Figures

CVR number: 38634216
Sandvadvej 9, Korup 5210 Odense NV

Credit rating

Company information

Official name
Norqi ApS
Personnel
8 persons
Established
2017
Domicile
Korup
Company form
Private limited company
Industry

About Norqi ApS

Norqi ApS (CVR number: 38634216) is a company from ODENSE. The company recorded a gross profit of 2630.9 kDKK in 2023. The operating profit was 747.5 kDKK, while net earnings were 491.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Norqi ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8.732 146.011 232.941 584.482 630.86
EBIT- 280.821 214.87132.97279.63747.50
Net earnings- 263.16857.4874.67129.29491.06
Shareholders equity total- 124.48733.00807.67936.951 428.02
Balance sheet total (assets)1 165.532 219.703 021.513 797.915 020.19
Net debt513.71- 588.00- 204.581 628.401 039.55
Profitability
EBIT-%
ROA-29.4 %69.2 %5.1 %8.2 %17.0 %
ROE-40.4 %90.3 %9.7 %14.8 %41.5 %
ROI-61.6 %181.1 %15.5 %16.1 %27.2 %
Economic value added (EVA)- 227.65953.5998.13168.46535.08
Solvency
Equity ratio-9.6 %33.0 %26.7 %24.7 %28.4 %
Gearing-421.1 %11.5 %11.8 %175.0 %104.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.80.80.40.5
Current ratio0.91.51.41.31.4
Cash and cash equivalents10.44672.02299.5210.81457.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.4%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chairman of the board

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