NORSTAT DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORSTAT DANMARK A/S
NORSTAT DANMARK A/S (CVR number: 25849809) is a company from KØBENHAVN. The company reported a net sales of 116.7 mDKK in 2023, demonstrating a growth of 4.1 % compared to the previous year. The operating profit percentage was at 13.2 % (EBIT: 15.4 mDKK), while net earnings were 12.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 53.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. NORSTAT DANMARK A/S's liquidity measured by quick ratio was 2.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 45.14 | 51.02 | 85.09 | 112.09 | 116.67 |
Gross profit | 22.23 | 26.78 | 48.79 | 58.73 | 68.68 |
EBIT | 4.61 | 6.82 | 12.23 | -17.83 | 15.45 |
Net earnings | 3.51 | 5.16 | 9.31 | -17.21 | 12.81 |
Shareholders equity total | 17.58 | 22.73 | 31.12 | 0.73 | 47.17 |
Balance sheet total (assets) | 34.02 | 39.73 | 60.34 | 57.24 | 81.84 |
Net debt | -2.58 | -51.34 | |||
Profitability | |||||
EBIT-% | 10.2 % | 13.4 % | 14.4 % | -15.9 % | 13.2 % |
ROA | 15.2 % | 18.5 % | 24.4 % | -29.9 % | 25.8 % |
ROE | 22.2 % | 25.6 % | 34.6 % | -108.1 % | 53.5 % |
ROI | 15.2 % | 18.5 % | 24.4 % | -39.3 % | 43.1 % |
Economic value added (EVA) | 3.91 | 5.93 | 11.08 | -18.42 | 13.58 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 1.3 % | 57.6 % |
Gearing | 3440.7 % | 1.8 % | |||
Relative net indebtedness % | 25.6 % | -15.0 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 2.6 | |||
Current ratio | 1.0 | 2.6 | |||
Cash and cash equivalents | 27.77 | 52.18 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.1 | 80.3 | |||
Net working capital % | 2.3 % | 42.1 % | |||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | AA |
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