NORDIC UPSIDE ApS — Credit Rating and Financial Key Figures

CVR number: 33064640
Hortensiavej 5, 1857 Frederiksberg C
tel: 31390925
Free credit report Annual report

Credit rating

Company information

Official name
NORDIC UPSIDE ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About NORDIC UPSIDE ApS

NORDIC UPSIDE ApS (CVR number: 33064640) is a company from FREDERIKSBERG. The company recorded a gross profit of 207.5 kDKK in 2024. The operating profit was -212 kDKK, while net earnings were -194.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.1 %, 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 UPSIDE ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 252.682 252.682 252.68
Gross profit1 359.432 534.941 413.331 661.67207.53
EBIT677.581 577.49527.77594.76- 212.02
Net earnings525.951 202.20347.98447.50- 194.32
Shareholders equity total681.251 883.452 231.431 678.93984.61
Balance sheet total (assets)3 364.674 449.824 519.964 151.434 085.97
Net debt- 497.16-1 397.21- 699.44- 693.82- 880.08
Profitability
EBIT-%30.1 %70.0 %23.4 %
ROA22.5 %41.0 %11.8 %13.9 %-4.8 %
ROE57.3 %93.7 %16.9 %22.9 %-14.6 %
ROI28.5 %48.1 %13.4 %16.4 %-5.6 %
Economic value added (EVA)431.681 075.33202.13246.45- 384.57
Solvency
Equity ratio20.2 %42.3 %49.4 %40.4 %24.1 %
Gearing287.4 %113.4 %72.6 %108.8 %252.2 %
Relative net indebtedness %10.1 %-43.0 %-1.5 %
Liquidity
Quick ratio1.21.71.91.71.3
Current ratio1.21.71.91.71.3
Cash and cash equivalents2 455.393 532.992 319.622 520.513 363.01
Capital use efficiency
Trade debtors turnover (days)133.194.4314.6
Net working capital %22.8 %71.2 %87.7 %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:-4.77%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.1%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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