Credit rating
Company information
About NORDMARK MASKINFABRIK A/S
NORDMARK MASKINFABRIK A/S (CVR number: 26632773) is a company from FREDERIKSHAVN. The company recorded a gross profit of 52.2 mDKK in 2023. The operating profit was -9670.2 kDKK, while net earnings were 38.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -22.5 %, which can be considered poor but Return on Equity (ROE) was 51.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORDMARK MASKINFABRIK A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 75 232.35 | 78 649.44 | 96 494.07 | 52 166.50 | |
EBIT | 2 929.91 | 6 818.87 | -4 691.93 | -9 670.18 | |
Net earnings | 2 823.54 | 6 122.69 | -48 273.87 | 38 092.84 | |
Shareholders equity total | 78 527.75 | 84 650.43 | 55 376.56 | 93 469.40 | |
Balance sheet total (assets) | 212 000.09 | 185 448.95 | 203 452.42 | 235 196.57 | |
Net debt | 31 941.82 | 13 613.41 | 74 755.42 | 91 487.72 | |
Profitability | |||||
EBIT-% | |||||
ROA | 2.7 % | 4.9 % | 23.2 % | -22.5 % | |
ROE | 3.7 % | 7.5 % | -87.2 % | 51.2 % | |
ROI | 3.7 % | 6.8 % | -28.0 % | 22.8 % | |
Economic value added (EVA) | -1 752.08 | 1 124.73 | -4 205.81 | -4 637.26 | -13 028.18 |
Solvency | |||||
Equity ratio | 38.8 % | 48.5 % | 27.2 % | 39.7 % | |
Gearing | 42.0 % | 17.2 % | 135.8 % | 99.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 2.0 | 1.0 | 1.3 | |
Current ratio | 1.5 | 2.0 | 1.1 | 1.4 | |
Cash and cash equivalents | 1 014.00 | 952.64 | 450.05 | 1 635.88 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AAA | BBB | BBB |
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