NORDIC COVER ApS

CVR number: 33878192
Håndværkervej 19, 9000 Aalborg

Credit rating

Company information

Official name
NORDIC COVER ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About NORDIC COVER ApS

NORDIC COVER ApS (CVR number: 33878192) is a company from AALBORG. The company recorded a gross profit of 179 kDKK in 2023. The operating profit was 179 kDKK, while net earnings were 132.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69.6 %, which can be considered excellent and Return on Equity (ROE) was 94.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -20.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NORDIC COVER 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
20192020202120222023
Volume
Net sales
Gross profit186.34-27.05-6.56164.07178.98
EBIT186.34-27.05-6.56109.89178.98
Net earnings95.26-13.09-3.4573.19132.76
Shareholders equity total- 172.39- 253.04- 256.50- 183.30-50.54
Balance sheet total (assets)769.28383.06170.1484.93195.55
Net debt656.88393.72144.6969.65-27.06
Profitability
EBIT-%
ROA19.7 %5.5 %-0.6 %31.6 %69.6 %
ROE13.1 %-2.3 %-1.2 %57.4 %94.7 %
ROI23.0 %6.7 %-0.8 %51.0 %121.8 %
Economic value added (EVA)154.43-5.1311.50105.80152.53
Solvency
Equity ratio-18.3 %-39.8 %-60.1 %-68.3 %-20.5 %
Gearing-465.5 %-197.6 %-112.1 %-78.3 %-298.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.60.40.30.8
Current ratio0.80.60.40.30.8
Cash and cash equivalents145.56106.28142.7773.79177.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:69.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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