M. B. Nørgaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M. B. Nørgaard Holding ApS
M. B. Nørgaard Holding ApS (CVR number: 40699945) is a company from STRUER. The company recorded a gross profit of -2.6 kDKK in 2024. The operating profit was -2.6 kDKK, while net earnings were 175.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.1 %, which can be considered excellent and Return on Equity (ROE) was 56.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. M. B. Nørgaard Holding ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.47 | -1.94 | -2.19 | -2.35 | -2.56 |
EBIT | -5.47 | -1.94 | -2.19 | -2.35 | -2.56 |
Net earnings | 53.74 | 106.60 | 133.63 | 91.86 | 175.79 |
Shareholders equity total | 253.90 | 285.50 | 306.13 | 283.59 | 341.57 |
Balance sheet total (assets) | 342.58 | 358.73 | 384.63 | 335.21 | 478.83 |
Net debt | 32.73 | 40.12 | 33.04 | 31.03 | 81.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.8 % | 30.6 % | 35.9 % | 25.5 % | 43.1 % |
ROE | 23.7 % | 39.5 % | 45.2 % | 31.2 % | 56.2 % |
ROI | 19.5 % | 34.8 % | 40.0 % | 28.1 % | 47.4 % |
Economic value added (EVA) | -1.62 | -7.13 | -7.35 | -7.78 | -8.90 |
Solvency | |||||
Equity ratio | 74.1 % | 79.6 % | 79.6 % | 84.6 % | 71.3 % |
Gearing | 13.9 % | 14.5 % | 11.1 % | 11.1 % | 24.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.4 | 2.4 | 3.5 | 1.6 |
Current ratio | 2.2 | 2.4 | 2.4 | 3.5 | 1.6 |
Cash and cash equivalents | 2.55 | 1.17 | 0.90 | 0.38 | 1.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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