Norre Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38241524
Lerumbakken 40, 9400 Nørresundby

Credit rating

Company information

Official name
Norre Holding ApS
Established
2016
Company form
Private limited company
Industry

About Norre Holding ApS

Norre Holding ApS (CVR number: 38241524) is a company from AALBORG. The company recorded a gross profit of 61.7 kDKK in 2024. The operating profit was 8.6 kDKK, while net earnings were 333.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 46.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Norre Holding ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-3.11-5.961.3170.8461.75
EBIT-3.11-5.96-23.8922.038.58
Net earnings594.22- 173.95339.92- 231.25333.83
Shareholders equity total956.89669.93895.45546.39880.22
Balance sheet total (assets)1 108.271 358.432 330.862 812.073 190.47
Net debt- 134.88573.01949.442 241.282 262.06
Profitability
EBIT-%
ROA70.9 %-13.7 %20.0 %-5.2 %13.3 %
ROE83.1 %-21.4 %43.4 %-32.1 %46.8 %
ROI83.1 %-15.0 %20.4 %-5.2 %13.3 %
Economic value added (EVA)-26.89-52.74-85.75-96.62- 134.94
Solvency
Equity ratio86.3 %49.3 %38.4 %19.4 %27.6 %
Gearing93.0 %159.7 %413.7 %259.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.90.20.60.10.1
Current ratio2.90.20.60.10.1
Cash and cash equivalents134.8849.89480.2218.8923.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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