NORDIC UPSIDE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 252.68 | 2 252.68 | 2 252.68 | ||
Gross profit | 1 359.43 | 2 534.94 | 1 413.33 | 1 661.67 | 207.53 |
EBIT | 677.58 | 1 577.49 | 527.77 | 594.76 | - 212.02 |
Net earnings | 525.95 | 1 202.20 | 347.98 | 447.50 | - 194.32 |
Shareholders equity total | 681.25 | 1 883.45 | 2 231.43 | 1 678.93 | 984.61 |
Balance sheet total (assets) | 3 364.67 | 4 449.82 | 4 519.96 | 4 151.43 | 4 085.97 |
Net debt | - 497.16 | -1 397.21 | - 699.44 | - 693.82 | - 880.08 |
Profitability | |||||
EBIT-% | 30.1 % | 70.0 % | 23.4 % | ||
ROA | 22.5 % | 41.0 % | 11.8 % | 13.9 % | -4.8 % |
ROE | 57.3 % | 93.7 % | 16.9 % | 22.9 % | -14.6 % |
ROI | 28.5 % | 48.1 % | 13.4 % | 16.4 % | -5.6 % |
Economic value added (EVA) | 431.68 | 1 075.33 | 202.13 | 246.45 | - 384.57 |
Solvency | |||||
Equity ratio | 20.2 % | 42.3 % | 49.4 % | 40.4 % | 24.1 % |
Gearing | 287.4 % | 113.4 % | 72.6 % | 108.8 % | 252.2 % |
Relative net indebtedness % | 10.1 % | -43.0 % | -1.5 % | ||
Liquidity | |||||
Quick ratio | 1.2 | 1.7 | 1.9 | 1.7 | 1.3 |
Current ratio | 1.2 | 1.7 | 1.9 | 1.7 | 1.3 |
Cash and cash equivalents | 2 455.39 | 3 532.99 | 2 319.62 | 2 520.51 | 3 363.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 133.1 | 94.4 | 314.6 | ||
Net working capital % | 22.8 % | 71.2 % | 87.7 % | ||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
- Company information
- Financial data
- Credit risk data
- All 400,000+ Danish companies
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.