NORMAS CRANES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORMAS CRANES A/S
NORMAS CRANES A/S (CVR number: 35477462) is a company from HADERSLEV. The company recorded a gross profit of 38.4 mDKK in 2024. The operating profit was 2871.1 kDKK, while net earnings were -782.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORMAS CRANES A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 30 619.75 | 63 637.92 | 50 602.28 | 38 436.71 | |
EBIT | 6 570.43 | 16 493.29 | 20 149.67 | 14 751.08 | 2 871.08 |
Net earnings | 4 336.27 | 11 688.00 | 14 059.75 | 8 752.59 | - 782.61 |
Shareholders equity total | 34 237.50 | 45 625.50 | 59 385.26 | 67 837.85 | 66 755.24 |
Balance sheet total (assets) | 95 554.51 | 177 864.84 | 213 702.50 | 209 266.89 | 191 550.14 |
Net debt | 11 431.81 | 26 705.28 | 19 773.10 | 23 339.34 | |
Profitability | |||||
EBIT-% | |||||
ROA | 6.8 % | 12.1 % | 10.4 % | 7.2 % | 1.6 % |
ROE | 13.5 % | 29.3 % | 26.8 % | 13.8 % | -1.2 % |
ROI | 7.5 % | 12.5 % | 11.1 % | 8.0 % | 1.7 % |
Economic value added (EVA) | 3 618.92 | 14 774.51 | 13 419.65 | 8 536.08 | - 766.21 |
Solvency | |||||
Equity ratio | 35.8 % | 100.0 % | 27.8 % | 32.4 % | 34.9 % |
Gearing | 33.5 % | 45.6 % | 40.2 % | 35.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.8 | 0.9 | 0.6 | |
Current ratio | 0.6 | 0.8 | 0.9 | 0.6 | |
Cash and cash equivalents | 32.90 | 379.69 | 7 513.79 | 130.90 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | AA | AA | A |
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