NORDISK TEKSTIL VÆVERI ApS — Credit Rating and Financial Key Figures

CVR number: 33392346
Stensgårdvej 3, 5500 Middelfart
tel: 66116911

Credit rating

Company information

Official name
NORDISK TEKSTIL VÆVERI ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry

About NORDISK TEKSTIL VÆVERI ApS

NORDISK TEKSTIL VÆVERI ApS (CVR number: 33392346) is a company from MIDDELFART. The company recorded a gross profit of 942.1 kDKK in 2024. The operating profit was 433.3 kDKK, while net earnings were 364.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.9 %, which can be considered excellent and Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.2 %, 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. NORDISK TEKSTIL VÆVERI ApS's liquidity measured by quick ratio was 3.1 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 profit135.18358.54534.11816.58942.13
EBIT103.83235.78266.12510.63433.32
Net earnings155.31188.05150.94482.01364.07
Shareholders equity total304.12492.17643.121 125.131 489.21
Balance sheet total (assets)779.451 105.081 155.361 641.152 215.03
Net debt- 656.74-1 021.22-1 013.74-1 491.63-1 993.30
Profitability
EBIT-%
ROA33.1 %26.5 %24.3 %44.7 %24.9 %
ROE68.6 %47.2 %26.6 %54.5 %27.9 %
ROI85.9 %61.4 %48.2 %70.7 %36.7 %
Economic value added (EVA)73.34167.58181.39365.36278.71
Solvency
Equity ratio39.0 %44.5 %55.7 %68.6 %67.2 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.82.33.23.1
Current ratio1.61.82.33.23.1
Cash and cash equivalents656.741 021.221 013.741 491.631 993.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:24.9%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.2%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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