Norby Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Norby Group ApS
Norby Group ApS (CVR number: 27331599K) is a company from AARHUS. The company reported a net sales of 515.5 mDKK in 2020, demonstrating a decline of -0.4 % compared to the previous year. The operating profit percentage was at 13.3 % (EBIT: 68.7 mDKK), while net earnings were 59.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 29.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Norby Group ApS's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Volume | ||||
Net sales | 427.63 | 463.31 | 517.61 | 515.47 |
Gross profit | 156.88 | 169.04 | 207.35 | 212.28 |
EBIT | 10.59 | 28.83 | 59.35 | 68.72 |
Net earnings | 8.26 | 20.09 | 46.77 | 59.84 |
Shareholders equity total | 205.21 | 218.52 | 256.73 | 296.81 |
Balance sheet total (assets) | 430.47 | 416.00 | 423.62 | 449.32 |
Net debt | 76.82 | 42.34 | -25.22 | -65.46 |
Profitability | ||||
EBIT-% | 2.5 % | 6.2 % | 11.5 % | 13.3 % |
ROA | 4.3 % | 7.6 % | 15.4 % | 18.6 % |
ROE | 5.2 % | 12.4 % | 26.4 % | 29.3 % |
ROI | 4.9 % | 9.0 % | 19.1 % | 23.6 % |
Economic value added (EVA) | 6.54 | 13.06 | 35.43 | 41.49 |
Solvency | ||||
Equity ratio | 47.7 % | 52.5 % | 60.6 % | 66.1 % |
Gearing | 80.3 % | 52.8 % | 27.7 % | 14.3 % |
Relative net indebtedness % | 30.9 % | 26.0 % | 13.1 % | 7.5 % |
Liquidity | ||||
Quick ratio | 0.9 | 1.0 | 1.8 | 1.8 |
Current ratio | 1.3 | 1.4 | 2.4 | 2.4 |
Cash and cash equivalents | 88.05 | 73.10 | 96.36 | 107.80 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 60.7 | 68.3 | 56.3 | 64.9 |
Net working capital % | -4.3 % | -0.1 % | 13.7 % | 14.5 % |
Credit risk | ||||
Credit rating | AAA | AAA | AAA | AAA |
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