Create Nordic ApS — Credit Rating and Financial Key Figures

CVR number: 37793655
Håndværkervej 13, 6710 Esbjerg V

Credit rating

Company information

Official name
Create Nordic ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About Create Nordic ApS

Create Nordic ApS (CVR number: 37793655) is a company from ESBJERG. The company recorded a gross profit of 974 kDKK in 2024. The operating profit was 82.6 kDKK, while net earnings were 70.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Create Nordic ApS's liquidity measured by quick ratio was 2.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 396.041 312.601 168.681 044.94973.96
EBIT348.42- 141.6538.40179.2182.60
Net earnings265.49- 111.4928.27138.6170.47
Shareholders equity total378.18266.69294.96433.57504.04
Balance sheet total (assets)1 075.82844.61783.38889.27855.64
Net debt- 287.36135.19- 124.74-16.10- 176.30
Profitability
EBIT-%
ROA38.2 %-14.8 %4.7 %21.5 %10.3 %
ROE76.9 %-34.6 %10.1 %38.1 %15.0 %
ROI80.1 %-28.6 %8.5 %37.3 %15.4 %
Economic value added (EVA)259.44- 109.7921.98135.8650.46
Solvency
Equity ratio35.2 %31.6 %37.7 %48.8 %58.9 %
Gearing27.4 %91.3 %33.9 %31.0 %19.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.62.02.4
Current ratio1.51.41.62.02.4
Cash and cash equivalents391.15108.33224.74150.64276.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.9%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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