Concordeservice AS

ASDissolved

Org 924494255Heggstadmyra 11, 7080 HeimdalVedlikehold og reparasjon av motorvogner, unntatt motorsykler· NACE 45200Est. 2020 · 6 years old0 employees

Overview

Concordeservice AS is a Norwegian AS based in Heimdal, operating in the Vedlikehold og reparasjon av motorvogner, unntatt motorsykler sector. Incorporated in 2020, the company has 0 employees and reported revenue of NOK 1.9m in its latest annual filing.

Revenue 2020

1.9M NOK

EBITDA margin

24.5 %

Net profit 2020

0.4M NOK

0 employees

Key ratios

See full ratios →

64.8 %

Strong

Among the 30% highest rated companies in the industry

20202020

2.5×

Strong

Among the 40% highest rated companies in the industry

20202020

62.0 %

Very strong

Among the 10% highest rated companies in the industry

20202020

EBITDA — year on year

NOK thousands

Key figures

Annual report 2020

Revenue	1.9M NOK	—
EBITDA	0.5M NOK	—
Net profit	0.4M NOK	—
Total assets	0.6M NOK	—
Equity	0.4M NOK	—
Employees	0	—

Financial development

In its most recent annual report (2020), Concordeservice AS reported revenue of NOK 1.9m. The bottom line showed a net profit of NOK 353.6k, and the EBITDA margin stood at 24.5%.

At the end of 2020, equity financed 64.8% of the balance sheet, and current assets covered short-term debt 2.5 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2020
Revenue	1,906
Staff expenses	-0
EBITDA	468
Depreciation & amort.	-7
EBIT	461
Net financials	1
Profit before tax	462
Tax	108
Net profit	354

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

NOK thousands

Item	2020
Total assets	571
Equity	370
Long-term debt	3
Short-term debt	198
Total debt	201

Financial ratios

5-year trend

EBITDA margin

24.5 %

20202020

Equity ratio

64.8 %

Strong

Among the 30% highest rated companies in the industry

20202020

Return on equity

95.6 %

Very strong

Among the 10% highest rated companies in the industry

20202020

Net profit margin

18.5 %

Very strong

Among the 20% highest rated companies in the industry

20202020

Asset turnover

3.34×

Strong

Among the 30% highest rated companies in the industry

20202020

Debt / equity

0.54×

Strong

Among the 40% highest rated companies in the industry

20202020

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginStrong

Among the 30% highest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginVery strong

Among the 10% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginVery strong

Among the 20% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 20% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioStrong

Among the 40% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 30% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 30% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 30% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 30% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 40% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 40% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverStrong

Among the 30% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalStrong

Among the 40% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

One-year change in debtNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Concordeservice AS?

Concordeservice AS is registered with Brønnøysundsregistrene under Org 924494255.

What is the revenue of Concordeservice AS?

Concordeservice AS reported revenue of NOK 1.9m in 2020.

Where is Concordeservice AS headquartered?

Concordeservice AS's registered address is Heggstadmyra 11.