Nørgaard MET ApS
Credit rating
Company information
About Nørgaard MET ApS
Nørgaard MET ApS (CVR number: 41257709) is a company from FREDERIKSSUND. The company recorded a gross profit of 907.3 kDKK in 2023. The operating profit was -38.4 kDKK, while net earnings were -42.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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. Nørgaard MET ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 73.26 | 1 020.86 | 1 332.60 | 907.34 |
EBIT | 55.56 | 544.64 | 677.99 | -38.43 |
Net earnings | 36.59 | 406.01 | 479.61 | -42.76 |
Shareholders equity total | 236.59 | 1 365.36 | 1 730.57 | 1 570.01 |
Balance sheet total (assets) | 745.59 | 2 186.69 | 2 564.79 | 2 654.35 |
Net debt | -61.67 | - 910.41 | - 411.93 | - 431.75 |
Profitability | ||||
EBIT-% | ||||
ROA | 7.5 % | 37.7 % | 28.6 % | -1.4 % |
ROE | 15.5 % | 50.7 % | 31.0 % | -2.6 % |
ROI | 9.9 % | 45.7 % | 32.5 % | -1.7 % |
Economic value added (EVA) | 39.63 | 422.43 | 507.15 | -85.60 |
Solvency | ||||
Equity ratio | 31.7 % | 62.4 % | 67.5 % | 59.1 % |
Gearing | 23.4 % | 22.5 % | 26.7 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.4 | 2.9 | 2.7 | 1.8 |
Current ratio | 1.4 | 2.9 | 2.7 | 1.8 |
Cash and cash equivalents | 61.67 | 1 229.51 | 800.79 | 851.46 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BBB | A | BBB |
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