Credit rating
Company information
About Norstad A/S
Norstad A/S (CVR number: 40732837) is a company from GLADSAXE. The company recorded a gross profit of 73 kDKK in 2023. The operating profit was -797.3 kDKK, while net earnings were -804.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.7 %, which can be considered poor and Return on Equity (ROE) was -57.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. Norstad A/S's liquidity measured by quick ratio was 2.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 317.44 | -47.61 | -14.42 | 2 975.66 | 73.01 |
EBIT | - 580.75 | - 893.86 | - 344.42 | 2 390.38 | - 797.34 |
Net earnings | - 464.07 | - 700.51 | - 348.56 | 2 055.17 | - 804.64 |
Shareholders equity total | 1 035.92 | 335.41 | -13.15 | 2 042.02 | 737.38 |
Balance sheet total (assets) | 1 198.38 | 523.10 | 279.23 | 3 223.01 | 1 178.25 |
Net debt | -1 002.62 | - 141.89 | -85.37 | -2 867.01 | - 941.17 |
Profitability | |||||
EBIT-% | |||||
ROA | -48.5 % | -103.8 % | -84.1 % | 136.1 % | -35.7 % |
ROE | -44.8 % | -102.2 % | -113.4 % | 177.1 % | -57.9 % |
ROI | -56.0 % | -130.2 % | -204.4 % | 230.8 % | -53.3 % |
Economic value added (EVA) | - 462.91 | - 698.94 | - 354.14 | 2 067.08 | - 754.27 |
Solvency | |||||
Equity ratio | 86.4 % | 64.1 % | -4.5 % | 63.4 % | 62.6 % |
Gearing | 0.1 % | 0.0 % | 1.6 % | 18.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.4 | 2.7 | 1.0 | 2.7 | 2.7 |
Current ratio | 7.4 | 2.7 | 1.0 | 2.7 | 2.7 |
Cash and cash equivalents | 1 003.70 | 142.04 | 85.37 | 2 899.07 | 1 077.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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