FLEMMING NØRSKOV HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31746310
Brolæggervej 10, 6710 Esbjerg V

Company information

Official name
FLEMMING NØRSKOV HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About FLEMMING NØRSKOV HOLDING ApS

FLEMMING NØRSKOV HOLDING ApS (CVR number: 31746310) is a company from ESBJERG. The company reported a net sales of 3.1 mDKK in 2022, demonstrating a growth of 38.6 % compared to the previous year. The operating profit percentage was at 99.8 % (EBIT: 3.1 mDKK), while net earnings were 4445.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.6 %, which can be considered excellent and Return on Equity (ROE) was 32.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEMMING NØRSKOV HOLDING ApS's liquidity measured by quick ratio was 18.7 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales1 365.581 422.061 792.672 227.493 086.75
Gross profit1 359.141 413.961 781.092 221.683 081.66
EBIT1 359.141 413.961 781.092 221.683 081.66
Net earnings1 474.121 565.162 361.462 048.844 445.58
Shareholders equity total5 660.897 134.059 399.7111 352.4015 706.60
Balance sheet total (assets)6 098.017 628.8210 101.2812 278.5316 704.38
Net debt-2 738.37-3 973.90-5 768.01-8 280.23-11 800.23
Profitability
EBIT-%99.5 %99.4 %99.4 %99.7 %99.8 %
ROA28.1 %23.4 %28.4 %27.2 %33.6 %
ROE29.7 %24.5 %28.6 %19.7 %32.9 %
ROI29.1 %23.5 %28.7 %27.5 %34.1 %
Economic value added (EVA)1 389.561 473.191 776.302 369.562 938.03
Solvency
Equity ratio92.8 %93.5 %93.1 %92.5 %94.0 %
Gearing7.3 %6.7 %5.8 %7.2 %4.5 %
Relative net indebtedness %-198.7 %-278.3 %-313.2 %-366.9 %-372.7 %
Liquidity
Quick ratio7.69.411.610.618.7
Current ratio7.69.411.610.618.7
Cash and cash equivalents3 150.094 452.786 316.829 099.2312 502.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %154.3 %70.1 %116.8 %154.7 %180.4 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:33.6%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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