Nordstern Herning ApS

CVR number: 31179742
Havnen 5, 8700 Horsens

Credit rating

Company information

Official name
Nordstern Herning ApS
Established
2008
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Nordstern Herning ApS

Nordstern Herning ApS (CVR number: 31179742) is a company from HORSENS. The company reported a net sales of 868.8 mDKK in 2022, demonstrating a decline of -11.8 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 36.7 mDKK), while net earnings were 32.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 19.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. Nordstern Herning 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20182019202020212022
Volume
Net sales989.77818.39997.90985.31868.80
Gross profit84.8448.8850.4792.6080.17
EBIT77.9541.4846.2949.5436.73
Net earnings69.7035.7337.3042.7232.60
Shareholders equity total282.87270.09249.20149.33181.96
Balance sheet total (assets)607.38612.39699.09412.90537.93
Net debt- 128.61- 210.92-46.442.52-3.60
Profitability
EBIT-%7.9 %5.1 %4.6 %5.0 %4.2 %
ROA10.9 %8.5 %8.3 %10.0 %8.9 %
ROE27.0 %12.9 %14.4 %21.4 %19.7 %
ROI13.5 %14.6 %17.5 %21.4 %18.4 %
Economic value added (EVA)49.8327.8833.1728.5121.16
Solvency
Equity ratio53.1 %49.9 %43.8 %36.2 %33.8 %
Gearing21.8 %1.9 %
Relative net indebtedness %9.2 %9.7 %35.0 %20.3 %33.4 %
Liquidity
Quick ratio2.92.72.62.01.8
Current ratio2.12.11.82.01.8
Cash and cash equivalents190.21210.9246.440.283.60
Capital use efficiency
Trade debtors turnover (days)22.532.720.220.539.1
Net working capital %32.3 %39.0 %30.1 %21.2 %28.0 %
Credit risk
Credit ratingAAAABBBABBB

Variable visualization

ROA:8.88%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.8%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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