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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 581.3 mDKK in 2025, demonstrating a decline of -2 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 1.4 mDKK), while net earnings were -3570 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.9 %, 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 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 432.59 | 578.86 | 663.42 | 592.90 | 581.29 |
| Gross profit | 85.10 | 112.21 | 130.23 | 95.09 | 78.00 |
| EBIT | 37.99 | 29.47 | 62.48 | 24.30 | 1.42 |
| Net earnings | 37.44 | 25.96 | 43.72 | -22.31 | -3.57 |
| Shareholders equity total | 179.56 | 254.89 | 245.61 | 183.30 | 179.73 |
| Balance sheet total (assets) | 453.18 | 443.60 | 422.03 | 352.81 | 418.94 |
| Net debt | 49.19 | 68.78 | |||
| Profitability | |||||
| EBIT-% | 8.8 % | 5.1 % | 9.4 % | 4.1 % | 0.2 % |
| ROA | 10.0 % | 6.6 % | 14.4 % | -2.9 % | 0.4 % |
| ROE | 22.2 % | 11.9 % | 17.5 % | -10.4 % | -2.0 % |
| ROI | 10.0 % | 6.6 % | 14.4 % | -3.2 % | 0.6 % |
| Economic value added (EVA) | 30.06 | 20.45 | 49.67 | 5.47 | -13.21 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 52.0 % | 42.9 % |
| Gearing | 27.5 % | 38.3 % | |||
| Relative net indebtedness % | 22.7 % | 34.5 % | |||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.3 | |||
| Current ratio | 1.6 | 1.4 | |||
| Cash and cash equivalents | 1.13 | 0.01 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 35.8 | 41.7 | |||
| Net working capital % | 10.6 % | 10.8 % | |||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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