NORDIC SUBSCRIPTION SERVICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC SUBSCRIPTION SERVICE A/S
NORDIC SUBSCRIPTION SERVICE A/S (CVR number: 16319392) is a company from AARHUS. The company recorded a gross profit of -206.7 kDKK in 2024. The operating profit was -1814 kDKK, while net earnings were -1264.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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 SUBSCRIPTION SERVICE A/S's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 434.69 | 420.34 | 209.03 | - 350.40 | - 206.66 |
EBIT | - 629.38 | - 378.76 | -1 393.44 | -1 908.40 | -1 813.97 |
Net earnings | 13 323.82 | - 415.78 | -7 788.47 | 5 757.57 | -1 264.20 |
Shareholders equity total | 24 015.01 | 23 599.23 | 15 810.76 | 21 568.33 | 20 304.13 |
Balance sheet total (assets) | 60 160.92 | 58 643.99 | 50 391.99 | 57 036.79 | 55 834.02 |
Net debt | -18 900.28 | -30 496.55 | -6 670.22 | -13 561.56 | -13 238.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 39.6 % | 2.9 % | 0.1 % | 16.5 % | 1.3 % |
ROE | 76.8 % | -1.7 % | -39.5 % | 30.8 % | -6.0 % |
ROI | 41.0 % | 3.4 % | 0.1 % | 16.8 % | 1.4 % |
Economic value added (EVA) | -1 921.53 | -3 234.15 | -3 307.21 | -3 961.40 | -4 238.58 |
Solvency | |||||
Equity ratio | 39.9 % | 40.2 % | 31.4 % | 37.8 % | 36.4 % |
Gearing | 140.3 % | 84.9 % | 211.3 % | 160.5 % | 161.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 1.4 | 1.6 | 1.5 |
Current ratio | 1.7 | 1.7 | 1.4 | 1.6 | 1.5 |
Cash and cash equivalents | 52 588.76 | 50 527.30 | 40 073.43 | 48 185.36 | 46 056.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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