NORDIC SYSTEMS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 186.25 | 4 440.63 | 5 085.70 | 5 035.70 | 4 343.51 |
EBIT | -1 424.05 | 87.47 | 369.98 | 358.01 | -40.15 |
Net earnings | -1 167.75 | 56.66 | 281.95 | 262.55 | - 122.07 |
Shareholders equity total | 2 452.26 | 2 508.92 | 2 790.87 | 3 053.42 | 2 931.35 |
Balance sheet total (assets) | 4 350.25 | 5 327.78 | 6 956.20 | 5 494.81 | 5 601.37 |
Net debt | 451.54 | - 146.48 | -1 383.30 | - 140.16 | 544.29 |
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 | -56.46 | 168.82 | 207.79 | - 180.29 |
Solvency | |||||
Equity ratio | 56.4 % | 47.1 % | 40.9 % | 55.6 % | 52.3 % |
Gearing | 18.4 % | 18.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.4 | 1.6 | 1.9 | 1.8 |
Current ratio | 2.1 | 1.8 | 1.7 | 2.2 | 2.0 |
Cash and cash equivalents | 146.48 | 1 383.30 | 140.16 | 10.61 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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