NORRECCO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORRECCO A/S
NORRECCO A/S (CVR number: 30518438) is a company from KØBENHAVN. The company reported a net sales of 592.9 mDKK in 2024, demonstrating a decline of -10.6 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 24.3 mDKK), while net earnings were -22.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, 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. NORRECCO A/S's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 366.37 | 432.59 | 578.86 | 663.42 | 592.90 |
Gross profit | 68.77 | 85.10 | 112.21 | 130.23 | 95.09 |
EBIT | 20.98 | 37.99 | 29.47 | 62.48 | 24.30 |
Net earnings | 34.84 | 37.44 | 25.96 | 43.72 | -22.31 |
Shareholders equity total | 157.83 | 179.56 | 254.89 | 245.61 | 183.30 |
Balance sheet total (assets) | 310.34 | 453.18 | 443.60 | 422.03 | 352.81 |
Net debt | 52.12 | 49.19 | |||
Profitability | |||||
EBIT-% | 5.7 % | 8.8 % | 5.1 % | 9.4 % | 4.1 % |
ROA | 7.4 % | 10.0 % | 6.6 % | 15.3 % | -2.9 % |
ROE | 24.8 % | 22.2 % | 11.9 % | 17.5 % | -10.4 % |
ROI | 8.6 % | 10.0 % | 6.6 % | 17.2 % | -3.7 % |
Economic value added (EVA) | 19.57 | 30.06 | 20.45 | 34.41 | 9.79 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 58.2 % | 52.0 % |
Gearing | 23.2 % | 27.5 % | |||
Relative net indebtedness % | 22.4 % | 22.7 % | |||
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | |||
Current ratio | 1.5 | 1.6 | |||
Cash and cash equivalents | 4.92 | 1.13 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.9 | 35.8 | |||
Net working capital % | 9.8 % | 10.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | A |
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