Norslund ApS — Credit Rating and Financial Key Figures

CVR number: 38109634
Starupvej 225, 8340 Malling

Credit rating

Company information

Official name
Norslund ApS
Personnel
13 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Norslund ApS

Norslund ApS (CVR number: 38109634) is a company from AARHUS. The company recorded a gross profit of -2474 kDKK in 2023. The operating profit was -7188.4 kDKK, while net earnings were -8070.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -28.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Norslund ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-1 383.16-2 370.36-2 105.36-2 725.72-2 474.01
EBIT-1 952.53-4 925.84-5 329.14-6 775.59-7 188.38
Net earnings-2 891.44-5 514.33-5 697.96-6 864.97-8 070.58
Shareholders equity total329.54-5 184.7939 117.2532 252.2824 181.70
Balance sheet total (assets)122 698.59143 971.60152 702.54169 580.47195 145.88
Net debt121 907.13146 395.88108 489.60132 957.83169 106.94
Profitability
EBIT-%
ROA-2.0 %-3.7 %-3.5 %-4.3 %-3.9 %
ROE-162.9 %-7.6 %-6.2 %-19.2 %-28.6 %
ROI-2.0 %-3.7 %-3.6 %-4.4 %-4.0 %
Economic value added (EVA)-3 202.39-5 396.85-5 432.86-8 790.79-8 775.19
Solvency
Equity ratio0.3 %-3.5 %25.6 %19.0 %12.4 %
Gearing36993.1 %-2823.6 %277.3 %412.2 %699.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.00.0
Current ratio0.10.10.10.10.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:-3.94%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.4%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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