Nordjyllandsværket A/S

CVR number: 37189294
Norbis Park 100, Stae 9310 Vodskov

Credit rating

Company information

Official name
Nordjyllandsværket A/S
Established
2015
Domicile
Stae
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About the company

Nordjyllandsværket A/S (CVR number: 37189294) is a company from AALBORG. The company reported a net sales of 1344.2 mDKK in 2023, demonstrating a decline of -15.5 % compared to the previous year. The operating profit percentage was poor at -22.7 % (EBIT: -304.8 mDKK), while net earnings were -244.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -75.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordjyllandsværket A/S's liquidity measured by quick ratio was 1.2 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales793.00716.001 596.001 590.141 344.23
Gross profit47.0053.00427.00194.63- 259.18
EBIT18.0028.00394.00150.13- 304.82
Net earnings25.0022.00292.00102.33- 244.24
Shareholders equity total86.00111.0082.00411.10234.35
Balance sheet total (assets)1 038.001 050.001 990.002 212.682 110.80
Net debt259.17574.93
Profitability
EBIT-%2.3 %3.9 %24.7 %9.4 %-22.7 %
ROA1.8 %2.7 %25.9 %8.2 %-13.4 %
ROE43.6 %22.3 %302.6 %41.5 %-75.7 %
ROI1.8 %2.7 %25.9 %10.3 %-20.7 %
Economic value added (EVA)12.6216.92302.04111.99- 260.82
Solvency
Equity ratio100.0 %100.0 %100.0 %18.6 %11.1 %
Gearing197.4 %477.9 %
Relative net indebtedness %71.4 %91.7 %
Liquidity
Quick ratio0.91.2
Current ratio1.51.4
Cash and cash equivalents552.50545.12
Capital use efficiency
Trade debtors turnover (days)13.92.7
Net working capital %24.4 %10.0 %
Credit risk
Credit ratingBBBBBBBBABB

Variable visualization

ROA:-13.4%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.1%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

Companies in the same industry

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