H & M Nørlem ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About H & M Nørlem ApS
H & M Nørlem ApS (CVR number: 39752131) is a company from VESTHIMMERLANDS. The company reported a net sales of 8.2 mDKK in 2023, demonstrating a growth of 36 % compared to the previous year. The operating profit percentage was at 99.9 % (EBIT: 8.2 mDKK), while net earnings were 8447.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered excellent but Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H & M Nørlem ApS's liquidity measured by quick ratio was 134.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 309.82 | 7 723.92 | 9 193.38 | 6 039.24 | 8 211.86 |
Gross profit | 5 302.72 | 7 717.44 | 9 186.57 | 6 028.39 | 8 203.11 |
EBIT | 5 302.72 | 7 717.44 | 9 186.57 | 6 028.39 | 8 203.11 |
Net earnings | 5 302.30 | 7 717.31 | 9 247.89 | 5 788.28 | 8 447.19 |
Shareholders equity total | 32 911.80 | 39 458.10 | 47 705.97 | 52 494.25 | 60 757.67 |
Balance sheet total (assets) | 32 938.94 | 39 532.15 | 47 962.52 | 52 499.25 | 60 804.54 |
Net debt | -16.83 | -54.36 | -1 902.44 | -3 224.92 | -6 204.16 |
Profitability | |||||
EBIT-% | 99.9 % | 99.9 % | 99.9 % | 99.8 % | 99.9 % |
ROA | 16.8 % | 21.3 % | 21.2 % | 12.3 % | 15.0 % |
ROE | 16.8 % | 21.3 % | 21.2 % | 11.6 % | 14.9 % |
ROI | 16.8 % | 21.3 % | 21.2 % | 12.3 % | 15.0 % |
Economic value added (EVA) | 5 446.42 | 8 001.09 | 9 786.95 | 7 034.90 | 9 220.20 |
Solvency | |||||
Equity ratio | 99.9 % | 99.8 % | 99.5 % | 100.0 % | 99.9 % |
Gearing | 0.1 % | 0.1 % | 0.1 % | ||
Relative net indebtedness % | 0.2 % | -0.0 % | -18.7 % | -53.3 % | -75.4 % |
Liquidity | |||||
Quick ratio | 3.1 | 1.7 | 8.4 | 685.2 | 134.5 |
Current ratio | 3.1 | 1.7 | 8.4 | 685.2 | 134.5 |
Cash and cash equivalents | 16.83 | 76.50 | 1 972.68 | 3 224.92 | 6 239.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1.1 % | 0.6 % | -0.3 % | 15.3 % | 23.9 % |
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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