NORDIC SYSTEMS ApS — Credit Rating and Financial Key Figures

CVR number: 27068197
Barmstedt Alle 17, 5500 Middelfart
info@nordic-systems.dk
tel: 65973758
www.nordicsystems.dk

Credit rating

Company information

Official name
NORDIC SYSTEMS ApS
Personnel
10 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon468300

About NORDIC SYSTEMS ApS

NORDIC SYSTEMS ApS (CVR number: 27068197) is a company from MIDDELFART. The company recorded a gross profit of 4343.5 kDKK in 2023. The operating profit was -40.1 kDKK, while net earnings were -122.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.3 %, 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 SYSTEMS ApS's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 186.254 440.635 085.705 035.704 343.51
EBIT-1 424.0587.47369.98358.01-40.15
Net earnings-1 167.7556.66281.95262.55- 122.07
Shareholders equity total2 452.262 508.922 790.873 053.422 931.35
Balance sheet total (assets)4 350.255 327.786 956.205 494.815 601.37
Net debt451.54- 146.48-1 383.30- 140.16544.29
Profitability
EBIT-%
ROA-23.5 %1.8 %6.1 %5.8 %-0.6 %
ROE-38.5 %2.3 %10.6 %9.0 %-4.1 %
ROI-34.6 %3.2 %13.5 %11.8 %-1.0 %
Economic value added (EVA)-1 293.68-56.46168.82207.79- 180.29
Solvency
Equity ratio56.4 %47.1 %40.9 %55.6 %52.3 %
Gearing18.4 %18.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.41.61.91.8
Current ratio2.11.81.72.22.0
Cash and cash equivalents146.481 383.30140.1610.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-0.61%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.3%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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