NORWAY EXPRESS ApS — Credit Rating and Financial Key Figures

CVR number: 14485600
Kilen 3, Bov Mark 6330 Padborg

Credit rating

Company information

Official name
NORWAY EXPRESS ApS
Personnel
3 persons
Established
1990
Domicile
Bov Mark
Company form
Private limited company
Industry

About NORWAY EXPRESS ApS

NORWAY EXPRESS ApS (CVR number: 14485600) is a company from AABENRAA. The company recorded a gross profit of 1832 kDKK in 2024. The operating profit was 258.3 kDKK, while net earnings were 456.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. NORWAY EXPRESS ApS's liquidity measured by quick ratio was 1.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 479.372 401.263 140.502 010.441 831.95
EBIT786.54609.11977.22- 216.79258.30
Net earnings375.62315.04606.21236.04456.12
Shareholders equity total3 798.924 113.964 720.174 956.215 412.33
Balance sheet total (assets)7 285.0713 639.4413 056.668 377.3710 059.04
Net debt2 047.72106.49- 407.761 156.68- 436.70
Profitability
EBIT-%
ROA11.4 %6.3 %7.6 %3.5 %6.2 %
ROE10.4 %8.0 %13.7 %4.9 %8.8 %
ROI14.9 %8.6 %11.3 %4.7 %8.3 %
Economic value added (EVA)132.72154.07308.49- 611.60- 132.20
Solvency
Equity ratio52.1 %30.2 %36.2 %59.2 %53.8 %
Gearing67.1 %117.0 %92.8 %36.4 %31.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.31.42.11.9
Current ratio1.81.31.42.11.9
Cash and cash equivalents499.814 707.094 788.11645.192 115.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:6.23%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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