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

CVR number: 39879131
Strandvejen 125, 2900 Hellerup
https://nordicbath.com/da/

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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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- 265.957.35
Shareholders equity total-23.19-54.971 206.021 140.071 147.41
Balance sheet total (assets)85.8161.571 320.221 273.021 168.01
Net debt16.5043.003.6224.13- 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 ratio0.80.51.30.730.9
Current ratio0.80.511.69.656.7
Cash and cash equivalents85.5061.0491.8973.29329.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-18.3%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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