NORDIC DEVELOPMENT GROUP A/S

CVR number: 30823095
Vallensbækvej 47, 2605 Brøndby
info@stensdal.dk
tel: 33110024

Credit rating

Company information

Official name
NORDIC DEVELOPMENT GROUP A/S
Established
2007
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

NORDIC DEVELOPMENT GROUP A/S (CVR number: 30823095) is a company from BRØNDBY. The company recorded a gross profit of -82.7 kDKK in 2023. The operating profit was -82.7 kDKK, while net earnings were -531.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.3 %, which can be considered poor and Return on Equity (ROE) was -13 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDIC DEVELOPMENT GROUP A/S's liquidity measured by quick ratio was 5.9 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
20192020202120222023
Volume
Net sales
Gross profit-72.31-60.00-55.35-84.89-82.68
EBIT-72.31-60.00-55.35-84.89-82.68
Net earnings- 401.89- 274.78- 312.09-1 190.15- 531.84
Shareholders equity total6 061.705 858.035 582.134 384.983 817.50
Balance sheet total (assets)6 075.925 985.446 008.635 078.754 552.81
Net debt-3.31112.90401.73678.77720.31
Profitability
EBIT-%
ROA-2.8 %-2.0 %-3.6 %-20.3 %-9.3 %
ROE-6.4 %-4.6 %-5.5 %-23.9 %-13.0 %
ROI-3.0 %-2.0 %-3.6 %-20.4 %-9.4 %
Economic value added (EVA)- 367.56- 336.92- 322.98- 331.91- 272.77
Solvency
Equity ratio99.8 %97.9 %92.9 %86.3 %83.8 %
Gearing2.0 %7.4 %15.5 %18.9 %
Relative net indebtedness %
Liquidity
Quick ratio407.244.713.47.05.9
Current ratio407.244.713.47.05.9
Cash and cash equivalents3.312.8410.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-9.34%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.8%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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