NORDIC ENGINEERING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC ENGINEERING ApS
NORDIC ENGINEERING ApS (CVR number: 28152450) is a company from ROSKILDE. The company recorded a gross profit of 8302.4 kDKK in 2024. The operating profit was -1307.6 kDKK, while net earnings were -1140.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. NORDIC ENGINEERING ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 963.00 | 5 453.00 | 7 595.00 | 11 069.00 | 8 302.40 |
EBIT | - 596.00 | 365.00 | 2 207.00 | 2 871.00 | -1 307.61 |
Net earnings | - 133.00 | 684.00 | 3 095.00 | 2 255.00 | -1 140.52 |
Shareholders equity total | 2 426.00 | 3 110.00 | 6 205.00 | 6 460.00 | 3 319.66 |
Balance sheet total (assets) | 11 375.00 | 8 994.00 | 21 923.00 | 18 200.00 | 11 956.80 |
Net debt | -1 691.00 | 1 321.00 | - 230.00 | -2 101.00 | - 328.91 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.8 % | 8.4 % | 24.3 % | 15.1 % | -8.7 % |
ROE | -3.8 % | 24.7 % | 66.5 % | 35.6 % | -23.3 % |
ROI | -5.7 % | 24.7 % | 61.7 % | 41.2 % | -21.0 % |
Economic value added (EVA) | - 513.63 | 316.30 | 1 656.96 | 2 258.09 | -1 234.85 |
Solvency | |||||
Equity ratio | 26.0 % | 42.7 % | 36.5 % | 42.0 % | 36.2 % |
Gearing | 0.0 % | 45.4 % | 23.0 % | 9.3 % | 61.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.7 | 1.1 | 1.8 | 1.6 |
Current ratio | 1.1 | 1.2 | 1.2 | 1.5 | 1.3 |
Cash and cash equivalents | 1 692.00 | 91.00 | 1 660.00 | 2 703.00 | 2 383.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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