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 1661.7 kDKK in 2023, demonstrating a growth of 17.6 % compared to the previous year. The operating profit was 594.8 kDKK, while net earnings were 447.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.4 %, 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 UPSIDE ApS's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 252.68 | 2 252.68 | 2 252.68 | 2 252.68 | |
Gross profit | 1 036.14 | 1 359.43 | 2 534.94 | 1 413.33 | 1 661.67 |
EBIT | -93.69 | 677.58 | 1 577.49 | 527.77 | 594.76 |
Net earnings | -83.22 | 525.95 | 1 202.20 | 347.98 | 447.50 |
Shareholders equity total | 1 155.30 | 681.25 | 1 883.45 | 2 231.43 | 1 678.93 |
Balance sheet total (assets) | 2 651.84 | 3 364.67 | 4 449.82 | 4 519.96 | 4 151.43 |
Net debt | - 957.02 | - 497.16 | -1 397.21 | - 699.44 | - 693.82 |
Profitability | |||||
EBIT-% | -4.2 % | 30.1 % | 70.0 % | 23.4 % | |
ROA | -3.6 % | 22.5 % | 41.0 % | 11.8 % | 13.9 % |
ROE | -4.8 % | 57.3 % | 93.7 % | 16.9 % | 22.9 % |
ROI | -4.2 % | 28.5 % | 48.1 % | 13.4 % | 16.4 % |
Economic value added (EVA) | - 101.88 | 576.10 | 1 297.13 | 487.13 | 444.55 |
Solvency | |||||
Equity ratio | 43.6 % | 20.2 % | 42.3 % | 49.4 % | 40.4 % |
Gearing | 83.0 % | 287.4 % | 113.4 % | 72.6 % | 108.8 % |
Relative net indebtedness % | -18.6 % | 10.1 % | -43.0 % | -1.5 % | |
Liquidity | |||||
Quick ratio | 1.8 | 1.2 | 1.7 | 1.9 | 1.7 |
Current ratio | 1.8 | 1.2 | 1.7 | 1.9 | 1.7 |
Cash and cash equivalents | 1 915.35 | 2 455.39 | 3 532.99 | 2 319.62 | 2 520.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 103.9 | 133.1 | 94.4 | 314.6 | |
Net working capital % | 41.8 % | 22.8 % | 71.2 % | 87.7 % | |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
Variable visualization
Roles
Companies in the same industry
- 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.