M.NØRGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M.NØRGAARD HOLDING ApS
M.NØRGAARD HOLDING ApS (CVR number: 27663885) is a company from TØNDER. The company recorded a gross profit of -11.1 kDKK in 2024. The operating profit was -11.1 kDKK, while net earnings were 149.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 23.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. M.NØRGAARD HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -5.63 | -5.78 | -6.74 | -8.31 | -11.06 |
| EBIT | -5.63 | -5.78 | -6.74 | -8.31 | -11.06 |
| Net earnings | 28.69 | 42.05 | 103.80 | 156.81 | 149.75 |
| Shareholders equity total | 458.49 | 444.04 | 490.63 | 588.54 | 677.29 |
| Balance sheet total (assets) | 1 201.65 | 1 166.35 | 1 278.52 | 1 413.47 | 1 513.25 |
| Net debt | 686.32 | 28.59 | 64.44 | 66.87 | 69.73 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.3 % | 3.5 % | 8.4 % | 11.8 % | 10.4 % |
| ROE | 6.3 % | 9.3 % | 22.2 % | 29.1 % | 23.7 % |
| ROI | 2.3 % | 5.1 % | 19.4 % | 25.6 % | 21.2 % |
| Economic value added (EVA) | -62.89 | -63.06 | -29.64 | -37.09 | -43.03 |
| Solvency | |||||
| Equity ratio | 38.2 % | 38.1 % | 38.4 % | 41.6 % | 44.8 % |
| Gearing | 154.1 % | 9.1 % | 16.7 % | 14.2 % | 12.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 0.8 | 0.5 | 0.8 | 0.8 |
| Current ratio | 0.8 | 0.8 | 0.5 | 0.8 | 0.8 |
| Cash and cash equivalents | 20.01 | 11.72 | 17.62 | 16.83 | 15.64 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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