Norican A/S — Credit Rating and Financial Key Figures

Norican A/S (CVR number: 36458771) is a company from Høje-Taastrup. The company reported a net sales of 18 mEUR in 2024, demonstrating a decline of -10.4 % compared to the previous year. The operating profit percentage was poor at -34.6 % (EBIT: -6.2 mEUR), while net earnings were 3131 kEUR. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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. Norican A/S's liquidity measured by quick ratio was 1.2 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.