Norse Property Management A/S — Credit Rating and Financial Key Figures

CVR number: 41481188
Bredgade 45 A, 1260 København K
tel: 33331333

Credit rating

Company information

Official name
Norse Property Management A/S
Personnel
9 persons
Established
2020
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About Norse Property Management A/S

Norse Property Management A/S (CVR number: 41481188) is a company from KØBENHAVN. The company recorded a gross profit of 15.1 mDKK in 2024. The operating profit was 9292.1 kDKK, while net earnings were 7315.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 98.2 %, which can be considered excellent and Return on Equity (ROE) was 96.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Norse Property Management A/S's liquidity measured by quick ratio was 5.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit5 347.248 505.5211 695.5915 103.33
EBIT251.192 192.116 072.659 292.13
Net earnings165.991 699.764 752.097 315.10
Shareholders equity total565.992 265.746 017.849 132.94
Balance sheet total (assets)1 603.124 543.928 047.4411 137.82
Net debt- 148.59-2 728.51-5 570.56-9 158.75
Profitability
EBIT-%
ROA15.7 %71.3 %97.1 %98.2 %
ROE29.3 %120.1 %114.7 %96.6 %
ROI35.1 %144.0 %145.7 %123.6 %
Economic value added (EVA)190.241 689.814 753.387 209.59
Solvency
Equity ratio35.3 %49.9 %74.8 %82.0 %
Gearing17.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.93.95.5
Current ratio1.31.93.95.5
Cash and cash equivalents245.682 728.515 570.569 158.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:98.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.0%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member

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