NORDIC TRUSTEE A/S
Credit rating
Company information
About NORDIC TRUSTEE A/S
NORDIC TRUSTEE A/S (CVR number: 34705720) is a company from KØBENHAVN. The company reported a net sales of 3.2 mDKK in 2022, demonstrating a decline of -8.2 % compared to the previous year. The operating profit percentage was at 42.4 % (EBIT: 1.4 mDKK), while net earnings were 1142 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.5 %, which can be considered excellent and Return on Equity (ROE) was 36.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NORDIC TRUSTEE A/S's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 332.00 | 2 644.00 | 2 826.00 | 3 530.00 | 3 242.00 |
Gross profit | 1 994.00 | 2 267.00 | 2 509.00 | 2 991.00 | 2 804.00 |
EBIT | 836.00 | 937.00 | 1 124.00 | 1 605.00 | 1 373.00 |
Net earnings | 804.00 | 1 002.00 | 1 125.00 | 1 246.00 | 1 142.00 |
Shareholders equity total | 6 762.00 | 7 764.00 | 2 889.00 | 3 135.00 | 3 077.00 |
Balance sheet total (assets) | 7 805.00 | 9 447.00 | 4 985.00 | 5 295.00 | 5 701.00 |
Net debt | -5 924.00 | -1 322.00 | -3 217.00 | -1 221.00 | -1 488.00 |
Profitability | |||||
EBIT-% | 35.8 % | 35.4 % | 39.8 % | 45.5 % | 42.4 % |
ROA | 11.5 % | 11.9 % | 16.7 % | 31.6 % | 26.5 % |
ROE | 12.6 % | 13.8 % | 21.1 % | 41.4 % | 36.8 % |
ROI | 13.1 % | 14.2 % | 22.6 % | 53.9 % | 46.9 % |
Economic value added (EVA) | 820.87 | 894.89 | 737.66 | 1 258.66 | 985.18 |
Solvency | |||||
Equity ratio | 86.6 % | 82.2 % | 58.0 % | 59.2 % | 54.0 % |
Gearing | 0.1 % | 0.0 % | |||
Relative net indebtedness % | -209.3 % | 13.2 % | -39.7 % | 26.6 % | 35.0 % |
Liquidity | |||||
Quick ratio | 7.5 | 5.6 | 2.4 | 2.5 | 2.2 |
Current ratio | 7.5 | 5.6 | 2.4 | 2.5 | 2.2 |
Cash and cash equivalents | 5 924.00 | 1 333.00 | 3 218.00 | 1 221.00 | 1 488.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 87.5 | 127.4 | 85.9 | 146.5 | 25.1 |
Net working capital % | 290.0 % | 293.1 % | 101.9 % | 88.8 % | 94.9 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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