NORDIC TOURS A/S — Credit Rating and Financial Key Figures

CVR number: 25268105
Søren Frichs Vej 36 B, 8230 Åbyhøj
info@nordictours.dk
tel: 70223221
www.nordictours.dk

Credit rating

Company information

Official name
NORDIC TOURS A/S
Personnel
40 persons
Established
2000
Company form
Limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About NORDIC TOURS A/S

NORDIC TOURS A/S (CVR number: 25268105) is a company from AARHUS. The company recorded a gross profit of 54.5 mDKK in 2023. The operating profit was 35.3 mDKK, while net earnings were 28.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 89.7 %, which can be considered excellent and Return on Equity (ROE) was 97.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORDIC TOURS A/S's liquidity measured by quick ratio was 4.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit33 148.583 930.065 682.9432 240.8254 544.50
EBIT14 002.18-7 818.83-3 285.4616 553.0135 257.13
Net earnings10 757.89-6 141.62-2 623.0612 750.3828 499.55
Shareholders equity total16 037.709 265.437 971.7319 677.1239 048.16
Balance sheet total (assets)28 195.8615 270.6213 170.6929 576.6052 193.25
Net debt-17 931.35-10 535.69-8 221.69-27 814.51-48 699.69
Profitability
EBIT-%
ROA50.9 %-35.9 %-23.1 %77.4 %89.7 %
ROE68.4 %-48.5 %-30.4 %92.2 %97.1 %
ROI88.3 %-60.1 %-36.8 %118.9 %124.2 %
Economic value added (EVA)11 136.44-6 003.66-2 489.8812 968.2027 915.57
Solvency
Equity ratio56.9 %60.7 %60.5 %68.6 %76.9 %
Gearing0.6 %6.3 %0.0 %0.9 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.42.43.24.4
Current ratio2.32.42.42.93.9
Cash and cash equivalents18 021.8511 123.838 225.4627 998.8748 829.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:89.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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