NORDIC DEVELOPMENT GROUP A/S — Credit Rating and Financial Key Figures

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

Official name
NORDIC DEVELOPMENT GROUP A/S
Established
2007
Company form
Limited company
Industry

About NORDIC DEVELOPMENT GROUP A/S

NORDIC DEVELOPMENT GROUP A/S (CVR number: 30823095) is a company from BRØNDBY. The company recorded a gross profit of -97.9 kDKK in 2024. The operating profit was -97.9 kDKK, while net earnings were -309.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, 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 217.5 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-60.00-55.35-84.89-82.68-97.92
EBIT-60.00-55.35-84.89-82.68-97.92
Net earnings- 274.78- 312.09-1 190.15- 531.84- 309.16
Shareholders equity total5 858.035 582.134 384.983 817.503 465.08
Balance sheet total (assets)5 985.446 008.635 078.754 552.813 480.08
Net debt112.90401.73678.77720.31
Profitability
EBIT-%
ROA-2.0 %-3.6 %-20.3 %-9.3 %-5.8 %
ROE-4.6 %-5.5 %-23.9 %-13.0 %-8.5 %
ROI-2.0 %-3.6 %-20.4 %-9.4 %-5.9 %
Economic value added (EVA)- 336.92- 322.98- 331.91- 272.77- 256.69
Solvency
Equity ratio97.9 %92.9 %86.3 %83.8 %99.6 %
Gearing2.0 %7.4 %15.5 %18.9 %
Relative net indebtedness %
Liquidity
Quick ratio44.713.47.05.9217.5
Current ratio44.713.47.05.9217.5
Cash and cash equivalents2.8410.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-5.83%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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