NOKIA DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 13680531
Kay Fiskers Plads 11, 2300 København S
tel: 72179000

Company information

Official name
NOKIA DENMARK A/S
Personnel
112 persons
Established
1970
Company form
Limited company
Industry

About NOKIA DENMARK A/S

NOKIA DENMARK A/S (CVR number: 13680531) is a company from KØBENHAVN. The company reported a net sales of 208.6 mDKK in 2024, demonstrating a decline of -8.5 % compared to the previous year. The operating profit percentage was at 7.5 % (EBIT: 15.6 mDKK), while net earnings were 19.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 39.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.7 %, 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. NOKIA DENMARK A/S's liquidity measured by quick ratio was 2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales311.50314.44302.26228.04208.61
Gross profit154.47157.66169.79160.13164.05
EBIT15.2218.3722.2924.1115.63
Net earnings10.8015.2017.5719.3319.50
Shareholders equity total39.9144.3146.8849.2149.21
Balance sheet total (assets)146.36126.69117.8799.33114.59
Net debt8.8518.79
Profitability
EBIT-%4.9 %5.8 %7.4 %10.6 %7.5 %
ROA10.8 %13.5 %18.2 %25.7 %18.7 %
ROE26.3 %36.1 %38.5 %40.2 %39.6 %
ROI10.8 %13.5 %18.2 %30.9 %30.4 %
Economic value added (EVA)13.1016.3620.0616.6112.67
Solvency
Equity ratio100.0 %100.0 %100.0 %47.9 %41.7 %
Gearing26.6 %40.6 %
Relative net indebtedness %20.1 %30.8 %
Liquidity
Quick ratio2.52.0
Current ratio2.72.1
Cash and cash equivalents4.271.20
Capital use efficiency
Trade debtors turnover (days)10.161.6
Net working capital %27.0 %28.8 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.7%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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