NOKIA DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 311.50 | 314.44 | 302.26 | 228.04 | 208.61 |
Gross profit | 154.47 | 157.66 | 169.79 | 160.13 | 164.05 |
EBIT | 15.22 | 18.37 | 22.29 | 24.11 | 15.63 |
Net earnings | 10.80 | 15.20 | 17.57 | 19.33 | 19.50 |
Shareholders equity total | 39.91 | 44.31 | 46.88 | 49.21 | 49.21 |
Balance sheet total (assets) | 146.36 | 126.69 | 117.87 | 99.33 | 114.59 |
Net debt | 8.85 | 18.79 | |||
Profitability | |||||
EBIT-% | 4.9 % | 5.8 % | 7.4 % | 10.6 % | 7.5 % |
ROA | 10.8 % | 13.5 % | 18.2 % | 25.7 % | 18.7 % |
ROE | 26.3 % | 36.1 % | 38.5 % | 40.2 % | 39.6 % |
ROI | 10.8 % | 13.5 % | 18.2 % | 30.9 % | 30.4 % |
Economic value added (EVA) | 13.10 | 16.36 | 20.06 | 16.61 | 12.67 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 47.9 % | 41.7 % |
Gearing | 26.6 % | 40.6 % | |||
Relative net indebtedness % | 20.1 % | 30.8 % | |||
Liquidity | |||||
Quick ratio | 2.5 | 2.0 | |||
Current ratio | 2.7 | 2.1 | |||
Cash and cash equivalents | 4.27 | 1.20 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.1 | 61.6 | |||
Net working capital % | 27.0 % | 28.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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