NOLES A/S — Credit Rating and Financial Key Figures

CVR number: 31270162
Falkevej 5, 4600 Køge
tel: 86861055

Company information

Official name
NOLES A/S
Personnel
6 persons
Established
2008
Company form
Limited company
Industry

About NOLES A/S

NOLES A/S (CVR number: 31270162) is a company from KØGE. The company recorded a gross profit of 1428.5 kDKK in 2023. The operating profit was 608 kDKK, while net earnings were 458.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 35.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.5 %, 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. NOLES A/S's liquidity measured by quick ratio was 1.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 058.72888.351 380.331 096.711 428.51
EBIT- 227.58209.63813.78282.62608.00
Net earnings- 184.75157.38628.45211.88458.18
Shareholders equity total74.69232.07860.531 072.401 530.58
Balance sheet total (assets)1 636.921 692.523 078.873 077.413 367.40
Net debt488.25322.59304.54508.14545.49
Profitability
EBIT-%
ROA-11.0 %12.6 %34.1 %9.2 %18.9 %
ROE-110.6 %102.6 %115.0 %21.9 %35.2 %
ROI-28.2 %32.2 %85.7 %19.3 %31.8 %
Economic value added (EVA)- 191.54165.31626.38177.10416.70
Solvency
Equity ratio4.6 %13.7 %27.9 %34.8 %45.5 %
Gearing653.7 %139.6 %35.5 %47.4 %35.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.80.81.1
Current ratio0.71.01.31.51.8
Cash and cash equivalents1.271.030.481.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.5%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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