MARTIN NØRGAARD HOLDING AALBORG ApS — Credit Rating and Financial Key Figures

CVR number: 31777399
Solbakkevej 55, 2820 Gentofte

Company information

Official name
MARTIN NØRGAARD HOLDING AALBORG ApS
Established
2008
Company form
Private limited company
Industry

About MARTIN NØRGAARD HOLDING AALBORG ApS

MARTIN NØRGAARD HOLDING AALBORG ApS (CVR number: 31777399) is a company from GENTOFTE. The company reported a net sales of 2.5 mDKK in 2023, demonstrating a growth of 30.8 % compared to the previous year. The operating profit percentage was at 98.7 % (EBIT: 2.5 mDKK), while net earnings were 1736.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. 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. MARTIN NØRGAARD HOLDING AALBORG ApS's liquidity measured by quick ratio was 187.9 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 sales601.161 032.242 282.731 900.172 485.18
Gross profit579.60990.101 934.761 870.902 453.17
EBIT579.60990.101 934.761 870.902 453.17
Net earnings2 769.311 397.621 871.612 278.811 736.85
Shareholders equity total18 966.5019 164.1220 385.7421 464.5422 601.40
Balance sheet total (assets)18 971.5019 287.9220 440.7421 486.8322 627.89
Net debt-1 459.90-1 560.28-5 283.31-4 835.80-3 859.14
Profitability
EBIT-%96.4 %95.9 %84.8 %98.5 %98.7 %
ROA15.5 %7.8 %11.4 %11.3 %11.5 %
ROE15.4 %7.3 %9.5 %10.9 %7.9 %
ROI15.5 %7.8 %11.4 %11.3 %11.5 %
Economic value added (EVA)0.46259.791 940.981 900.962 642.07
Solvency
Equity ratio100.0 %99.4 %99.7 %99.9 %99.9 %
Gearing
Relative net indebtedness %-242.0 %-139.2 %-229.0 %-253.3 %-154.2 %
Liquidity
Quick ratio292.012.6121.4268.6187.9
Current ratio292.012.6121.4268.6187.9
Cash and cash equivalents1 459.901 560.285 283.314 835.803 859.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %192.7 %139.2 %128.8 %313.8 %121.2 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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