MICHAEL NØRGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26758424
Ø Vedsted Mark 28, 6760 Ribe

Company information

Official name
MICHAEL NØRGAARD HOLDING ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About MICHAEL NØRGAARD HOLDING ApS

MICHAEL NØRGAARD HOLDING ApS (CVR number: 26758424) is a company from ESBJERG. The company recorded a gross profit of -110.5 kDKK in 2024. The operating profit was -110.5 kDKK, while net earnings were 55.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 65.1 %, which can be considered excellent and Return on Equity (ROE) was 66.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL NØRGAARD HOLDING ApS's liquidity measured by quick ratio was 96 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 profit275.58277.13276.97377.50- 110.53
EBIT274.13277.13276.97377.50- 110.53
Net earnings9 579.993 006.074 215.7914 861.1555 485.13
Shareholders equity total41 417.4239 923.4944 003.7158 747.06109 032.19
Balance sheet total (assets)45 760.7844 121.7948 809.1563 520.31109 507.70
Net debt-3 591.50-5 022.26- 729.00- 969.95-36 364.81
Profitability
EBIT-%
ROA24.5 %7.4 %10.5 %27.3 %65.1 %
ROE25.8 %7.4 %10.0 %28.9 %66.1 %
ROI26.0 %7.8 %10.8 %28.0 %65.7 %
Economic value added (EVA)-85.25- 163.49- 527.24443.081 765.17
Solvency
Equity ratio90.5 %90.5 %90.2 %92.5 %99.6 %
Gearing2.6 %6.7 %7.4 %5.8 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.96.52.11.796.0
Current ratio5.96.52.11.796.0
Cash and cash equivalents4 676.857 716.753 999.364 388.9236 421.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:65.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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