H & M Nørlem ApS — Credit Rating and Financial Key Figures

CVR number: 39752131
Illerisørevej 51, Hvalpsund 9640 Farsø

Company information

Official name
H & M Nørlem ApS
Established
2018
Domicile
Hvalpsund
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 309.827 723.929 193.386 039.248 211.86
Gross profit5 302.727 717.449 186.576 028.398 203.11
EBIT5 302.727 717.449 186.576 028.398 203.11
Net earnings5 302.307 717.319 247.895 788.288 447.19
Shareholders equity total32 911.8039 458.1047 705.9752 494.2560 757.67
Balance sheet total (assets)32 938.9439 532.1547 962.5252 499.2560 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 %
ROA16.8 %21.3 %21.2 %12.3 %15.0 %
ROE16.8 %21.3 %21.2 %11.6 %14.9 %
ROI16.8 %21.3 %21.2 %12.3 %15.0 %
Economic value added (EVA)5 446.428 001.099 786.957 034.909 220.20
Solvency
Equity ratio99.9 %99.8 %99.5 %100.0 %99.9 %
Gearing0.1 %0.1 %0.1 %
Relative net indebtedness %0.2 %-0.0 %-18.7 %-53.3 %-75.4 %
Liquidity
Quick ratio3.11.78.4685.2134.5
Current ratio3.11.78.4685.2134.5
Cash and cash equivalents16.8376.501 972.683 224.926 239.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1.1 %0.6 %-0.3 %15.3 %23.9 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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