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 -350.4 kDKK in 2023. The operating profit was -1908.4 kDKK, while net earnings were 5757.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 251.87 | 434.69 | 420.34 | 209.03 | - 350.40 |
EBIT | -58.05 | - 629.38 | - 378.76 | -1 393.44 | -1 908.40 |
Net earnings | 1 948.48 | 13 323.82 | - 415.78 | -7 788.47 | 5 757.57 |
Shareholders equity total | 10 691.19 | 24 015.01 | 23 599.23 | 15 810.76 | 21 568.33 |
Balance sheet total (assets) | 29 881.50 | 60 160.92 | 58 643.99 | 50 391.99 | 57 036.79 |
Net debt | -4 766.23 | -18 900.28 | -30 496.55 | -6 670.22 | -13 561.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.8 % | 39.6 % | 2.9 % | 0.1 % | 16.5 % |
ROE | 20.1 % | 76.8 % | -1.7 % | -39.5 % | 30.8 % |
ROI | 12.5 % | 41.0 % | 3.4 % | 0.1 % | 16.8 % |
Economic value added (EVA) | - 358.42 | - 153.70 | 903.80 | 40.21 | - 493.90 |
Solvency | |||||
Equity ratio | 35.8 % | 39.9 % | 40.2 % | 31.4 % | 37.8 % |
Gearing | 161.2 % | 140.3 % | 84.9 % | 211.3 % | 160.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 1.7 | 1.4 | 1.6 |
Current ratio | 1.6 | 1.7 | 1.7 | 1.4 | 1.6 |
Cash and cash equivalents | 21 995.14 | 52 588.76 | 50 527.30 | 40 073.43 | 48 185.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | BBB | AA |
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