NORRECCO A/S — Credit Rating and Financial Key Figures

CVR number: 30518438
B-Vej 8, 2300 København S
info@norrecco.dk
tel: 70252532
www.norrecco.dk

Credit rating

Company information

Official name
NORRECCO A/S
Personnel
94 persons
Established
2007
Company form
Limited company
Industry
  • Expand more icon382100

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales366.37432.59578.86663.42592.90
Gross profit68.7785.10112.21130.2395.09
EBIT20.9837.9929.4762.4824.30
Net earnings34.8437.4425.9643.72-22.31
Shareholders equity total157.83179.56254.89245.61183.30
Balance sheet total (assets)310.34453.18443.60422.03352.81
Net debt52.1249.19
Profitability
EBIT-%5.7 %8.8 %5.1 %9.4 %4.1 %
ROA7.4 %10.0 %6.6 %15.3 %-2.9 %
ROE24.8 %22.2 %11.9 %17.5 %-10.4 %
ROI8.6 %10.0 %6.6 %17.2 %-3.7 %
Economic value added (EVA)19.5730.0620.4534.419.79
Solvency
Equity ratio100.0 %100.0 %100.0 %58.2 %52.0 %
Gearing23.2 %27.5 %
Relative net indebtedness %22.4 %22.7 %
Liquidity
Quick ratio1.41.5
Current ratio1.51.6
Cash and cash equivalents4.921.13
Capital use efficiency
Trade debtors turnover (days)37.935.8
Net working capital %9.8 %10.6 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:-2.87%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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