CARDNORDIC ApS

CVR number: 33637551
Trykstokken 10, Bellinge 5250 Odense SV
mb@cardnordic.com
tel: 24202626

Credit rating

Company information

Official name
CARDNORDIC ApS
Established
2011
Domicile
Bellinge
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About CARDNORDIC ApS

CARDNORDIC ApS (CVR number: 33637551) is a company from ODENSE. The company recorded a gross profit of 648.7 kDKK in 2022. The operating profit was 272.8 kDKK, while net earnings were 208.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 38.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CARDNORDIC ApS's liquidity measured by quick ratio was 1.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales1 593.11
Gross profit577.29528.63425.53430.20648.68
EBIT352.89336.85246.33165.55272.84
Net earnings270.36258.82186.64124.75208.60
Shareholders equity total636.15624.97556.61496.36584.95
Balance sheet total (assets)1 427.461 969.101 565.391 583.041 636.75
Net debt247.74486.58565.95687.54332.67
Profitability
EBIT-%21.1 %
ROA26.8 %19.8 %13.9 %10.5 %16.9 %
ROE54.0 %41.0 %31.6 %23.7 %38.6 %
ROI33.9 %25.3 %17.7 %12.1 %20.0 %
Economic value added (EVA)281.22245.95174.82110.72194.30
Solvency
Equity ratio44.6 %31.7 %35.6 %31.4 %35.7 %
Gearing93.7 %129.4 %142.8 %176.9 %131.4 %
Relative net indebtedness %64.1 %
Liquidity
Quick ratio1.81.51.61.51.6
Current ratio1.81.51.61.51.6
Cash and cash equivalents348.22322.35229.13190.50435.72
Capital use efficiency
Trade debtors turnover (days)151.2
Net working capital %39.2 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.7%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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