Nordic Radar Solutions ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 899.04 | 687.78 | -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 total | 26 084.30 | 29 582.80 | 24 836.56 | 26 513.99 | 25 292.59 |
Balance sheet total (assets) | 34 941.51 | 45 328.41 | 38 183.50 | 41 962.32 | 43 834.76 |
Net debt | 1 455.75 | 4 501.09 | 6 096.92 | 5 655.86 | 5 910.56 |
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 ratio | 74.7 % | 65.3 % | 65.0 % | 63.2 % | 57.7 % |
Gearing | 15.7 % | 20.5 % | 25.6 % | 24.5 % | 25.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 4.4 | 2.2 | 0.4 | 0.8 |
Current ratio | 3.9 | 4.4 | 2.2 | 0.4 | 0.8 |
Cash and cash equivalents | 2 636.13 | 1 576.32 | 260.64 | 836.54 | 461.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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