NORDIC ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 28152450
Lykkegårdsvej 3, 4000 Roskilde
info@nordic-engineering.dk
tel: 45948000
www.nordic-engineering.dk

Credit rating

Company information

Official name
NORDIC ENGINEERING ApS
Personnel
16 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 963.005 453.007 595.0011 069.008 302.40
EBIT- 596.00365.002 207.002 871.00-1 307.61
Net earnings- 133.00684.003 095.002 255.00-1 140.52
Shareholders equity total2 426.003 110.006 205.006 460.003 319.66
Balance sheet total (assets)11 375.008 994.0021 923.0018 200.0011 956.80
Net debt-1 691.001 321.00- 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)- 513.63316.301 656.962 258.09-1 234.85
Solvency
Equity ratio26.0 %42.7 %36.5 %42.0 %36.2 %
Gearing0.0 %45.4 %23.0 %9.3 %61.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.71.11.81.6
Current ratio1.11.21.21.51.3
Cash and cash equivalents1 692.0091.001 660.002 703.002 383.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-8.67%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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