NORDISK FOND FOR MILJØ OG UDVIKLING — Credit Rating and Financial Key Figures

CVR number: 15480378
Skindergade 23, 1159 København K
me@nordeco.dk
tel: 33919032

Credit rating

Company information

Official name
NORDISK FOND FOR MILJØ OG UDVIKLING
Personnel
3 persons
Established
1999
Industry

About NORDISK FOND FOR MILJØ OG UDVIKLING

NORDISK FOND FOR MILJØ OG UDVIKLING (CVR number: 15480378) is a company from KØBENHAVN. The company reported a net sales of 3.6 mDKK in 2024, demonstrating a decline of -77.9 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 0 mDKK), while net earnings were 49.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19.3 %, 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. NORDISK FOND FOR MILJØ OG UDVIKLING'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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 078.135 618.036 836.3816 200.503 574.71
Gross profit22.4355.2843.3441.1449.92
EBIT22.4355.2843.3441.1449.92
Net earnings6.3738.8225.0341.1449.92
Shareholders equity total448.96487.78512.81553.95603.87
Balance sheet total (assets)2 813.723 386.611 755.941 256.283 125.24
Net debt-2 353.21-3 123.93- 910.05- 995.86-2 316.15
Profitability
EBIT-%1.1 %1.0 %0.6 %0.3 %1.4 %
ROA0.3 %1.8 %1.7 %2.7 %2.3 %
ROE1.4 %8.3 %5.0 %7.7 %8.6 %
ROI5.0 %11.8 %8.7 %7.7 %8.6 %
Economic value added (EVA)0.1932.7218.8315.3722.08
Solvency
Equity ratio16.0 %14.4 %29.2 %44.1 %19.3 %
Gearing
Relative net indebtedness %0.6 %-4.0 %4.9 %-1.8 %5.7 %
Liquidity
Quick ratio1.11.11.31.71.2
Current ratio1.11.11.31.71.2
Cash and cash equivalents2 353.213 123.93910.05995.862 316.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %17.0 %7.0 %6.1 %2.8 %14.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.28%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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

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