Nordic Radar Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 32877745
Stavneagervej 4, 8250 Egå

Credit rating

Company information

Official name
Nordic Radar Solutions ApS
Personnel
6 persons
Established
2010
Company form
Private limited company
Industry

About Nordic Radar Solutions ApS

Nordic Radar Solutions ApS (CVR number: 32877745) is a company from AARHUS. The company recorded a gross profit of -2759.6 kDKK in 2024. The operating profit was -6177 kDKK, while net earnings were -5221.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.4 %, which can be considered poor and Return on Equity (ROE) was -20.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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 Radar Solutions ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 899.04687.78-4 118.55-3 912.47-2 759.65
EBIT-1 335.10- 695.74-5 827.40-5 891.51-6 176.96
Net earnings- 835.10- 501.50-4 746.24-5 022.57-5 221.40
Shareholders equity total26 084.3029 582.8024 836.5626 513.9925 292.59
Balance sheet total (assets)34 941.5145 328.4138 183.5041 962.3243 834.76
Net debt1 455.754 501.096 096.925 655.865 910.56
Profitability
EBIT-%
ROA-4.3 %-1.0 %-14.0 %-14.7 %-14.4 %
ROE-4.1 %-1.8 %-17.4 %-19.6 %-20.2 %
ROI-4.4 %-1.1 %-15.7 %-17.0 %-18.2 %
Economic value added (EVA)-1 254.57-1 209.01-5 547.52-5 573.06-5 670.52
Solvency
Equity ratio74.7 %65.3 %65.0 %63.2 %57.7 %
Gearing15.7 %20.5 %25.6 %24.5 %25.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.84.42.20.40.8
Current ratio3.94.42.20.40.8
Cash and cash equivalents2 636.131 576.32260.64836.54461.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-14.4%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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