Nordic Bath A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Bath A/S
Nordic Bath A/S (CVR number: 39879131) is a company from KØBENHAVN. The company recorded a gross profit of -224.9 kDKK in 2024. The operating profit was -224.9 kDKK, while net earnings were 7.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.3 %, which can be considered poor but Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Bath A/S's liquidity measured by quick ratio was 30.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -20.19 | -29.10 | - 145.24 | - 264.04 | - 224.92 |
EBIT | -20.19 | -29.10 | - 145.24 | - 264.04 | - 224.92 |
Net earnings | -22.89 | -31.78 | - 139.01 | - 265.95 | 7.35 |
Shareholders equity total | -23.19 | -54.97 | 1 206.02 | 1 140.07 | 1 147.41 |
Balance sheet total (assets) | 85.81 | 61.57 | 1 320.22 | 1 273.02 | 1 168.01 |
Net debt | 16.50 | 43.00 | 3.62 | 24.13 | - 329.39 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.7 % | -25.8 % | -18.8 % | -20.4 % | -18.3 % |
ROE | -22.4 % | -43.1 % | -21.9 % | -22.7 % | 0.6 % |
ROI | -20.0 % | -28.2 % | -19.2 % | -20.8 % | -18.7 % |
Economic value added (EVA) | -14.77 | -23.64 | - 139.41 | - 320.03 | - 213.30 |
Solvency | |||||
Equity ratio | -21.3 % | -47.2 % | 91.3 % | 89.6 % | 98.2 % |
Gearing | -439.9 % | -189.3 % | 7.9 % | 8.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.5 | 1.3 | 0.7 | 30.9 |
Current ratio | 0.8 | 0.5 | 11.6 | 9.6 | 56.7 |
Cash and cash equivalents | 85.50 | 61.04 | 91.89 | 73.29 | 329.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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