NORLIND ApS — Credit Rating and Financial Key Figures

CVR number: 29418381
Jørgasvej 1 A, 7120 Vejle Øst
rh@norlind.dk
tel: 41126096

Company information

Official name
NORLIND ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About NORLIND ApS

NORLIND ApS (CVR number: 29418381) is a company from VEJLE. The company recorded a gross profit of 1615.5 kDKK in 2023. The operating profit was 943.2 kDKK, while net earnings were 1222.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORLIND ApS's liquidity measured by quick ratio was 1.5 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 profit993.292 236.642 360.921 865.951 615.51
EBIT336.351 736.881 603.721 160.70943.17
Net earnings84.951 794.632 151.181 795.761 222.95
Shareholders equity total2 695.833 321.7325 525.1127 320.8833 172.11
Balance sheet total (assets)43 577.9945 471.5247 916.0541 573.0139 825.59
Net debt32 918.7539 620.0418 329.4012 673.296 201.22
Profitability
EBIT-%
ROA1.0 %5.6 %6.1 %5.3 %4.3 %
ROE3.2 %59.6 %14.9 %6.8 %4.0 %
ROI1.0 %5.7 %6.4 %5.5 %4.4 %
Economic value added (EVA)-56.221 313.991 120.8310.52-68.15
Solvency
Equity ratio6.2 %7.3 %53.3 %65.7 %83.3 %
Gearing1468.5 %1192.8 %73.3 %46.4 %18.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.41.31.5
Current ratio0.50.40.41.31.5
Cash and cash equivalents6 670.69376.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:4.33%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.3%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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