Nørregade 11, Vejen A/S — Credit Rating and Financial Key Figures

CVR number: 39987872
Borgpladsen 8, 6800 Varde
tel: 76980097

Company information

Official name
Nørregade 11, Vejen A/S
Personnel
1 person
Established
2018
Company form
Limited company
Industry

About Nørregade 11, Vejen A/S

Nørregade 11, Vejen A/S (CVR number: 39987872) is a company from VARDE. The company recorded a gross profit of 3595.8 kDKK in 2024. The operating profit was 3585.5 kDKK, while net earnings were 1665.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 40.2 %, 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. Nørregade 11, Vejen A/S'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 profit1 072.6828 036.662 970.612 731.923 595.75
EBIT1 042.6828 031.602 952.652 712.753 585.49
Net earnings510.6620 714.601 154.86938.511 665.54
Shareholders equity total5 787.8726 502.4727 657.3328 595.8430 261.38
Balance sheet total (assets)36 053.5983 152.3482 892.9282 102.4482 140.63
Net debt28 408.2647 361.0646 631.0244 864.6243 123.34
Profitability
EBIT-%
ROA3.4 %47.1 %3.6 %3.3 %4.4 %
ROE9.2 %128.3 %4.3 %3.3 %5.7 %
ROI3.7 %49.0 %3.7 %3.4 %4.5 %
Economic value added (EVA)- 183.0120 410.34-1 105.29-1 310.54- 638.56
Solvency
Equity ratio27.4 %37.0 %38.6 %39.2 %40.2 %
Gearing490.8 %178.7 %168.6 %156.9 %142.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.00.0
Current ratio0.10.10.00.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.37%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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