NØR-ENG ApS — Credit Rating and Financial Key Figures

CVR number: 12557582
Nør-Eng 25, Ø Vedsted 6760 Ribe
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Company information

Official name
NØR-ENG ApS
Established
1988
Domicile
Ø Vedsted
Company form
Private limited company
Industry

About NØR-ENG ApS

NØR-ENG ApS (CVR number: 12557582) is a company from ESBJERG. The company recorded a gross profit of -9.8 kDKK in 2023. The operating profit was -9.8 kDKK, while net earnings were 24.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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. NØR-ENG ApS's liquidity measured by quick ratio was 3.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-11.74-17.40-10.19-10.87-9.83
EBIT-11.74-17.40-10.19-10.87-9.83
Net earnings26.6815.4916.99-9.3924.76
Shareholders equity total1 990.112 005.592 022.582 013.192 037.95
Balance sheet total (assets)4 078.912 795.592 833.282 840.152 883.90
Net debt1 997.84738.95777.60803.81833.17
Profitability
EBIT-%
ROA3.5 %2.6 %1.8 %0.6 %1.6 %
ROE1.3 %0.8 %0.8 %-0.5 %1.2 %
ROI3.5 %2.6 %1.8 %0.6 %1.6 %
Economic value added (EVA)- 102.54- 111.46- 107.39- 109.51- 109.12
Solvency
Equity ratio48.8 %71.7 %71.4 %70.9 %70.7 %
Gearing104.5 %38.9 %39.6 %40.6 %40.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.93.53.43.43.4
Current ratio1.93.53.43.43.4
Cash and cash equivalents80.9641.0523.0913.150.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:1.58%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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