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Nordic Bath A/S — Credit Rating and Financial Key Figures

CVR number: 39879131
Strandvejen 125, 2900 Hellerup
https://nordicbath.com/da/
Free credit report Annual report

Company information

Official name
Nordic Bath A/S
Established
2018
Company form
Limited company
Industry

About Nordic Bath A/S

Nordic Bath A/S (CVR number: 39879131) is a company from KØBENHAVN. The company recorded a gross profit of -103.9 kDKK in 2025. The operating profit was -103.9 kDKK, while net earnings were -80.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98 %, 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 50.6 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit-29.10- 145.24- 264.04- 224.92- 103.90
EBIT-29.10- 145.24- 264.04- 224.92- 103.90
Net earnings-31.78- 139.01- 265.957.35-80.13
Shareholders equity total-54.971 206.021 140.071 147.411 067.29
Balance sheet total (assets)61.571 320.221 273.021 168.011 088.79
Net debt43.003.6224.13- 329.39- 321.95
Profitability
EBIT-%
ROA-25.8 %-18.8 %-20.4 %-18.3 %-9.1 %
ROE-43.1 %-21.9 %-22.7 %0.6 %-7.2 %
ROI-28.2 %-19.2 %-20.8 %-18.7 %-9.3 %
Economic value added (EVA)-33.06- 147.70- 329.44- 221.88- 138.70
Solvency
Equity ratio-47.2 %91.3 %89.6 %98.2 %98.0 %
Gearing-189.3 %7.9 %8.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.30.730.950.6
Current ratio0.511.69.656.750.6
Cash and cash equivalents61.0491.8973.29329.39321.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:-9.10%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.0%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Director

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