NORDIC COVER ApS — Credit Rating and Financial Key Figures

CVR number: 33878192
Håndværkervej 19, 9000 Aalborg

Company information

Official name
NORDIC COVER ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About NORDIC COVER ApS

NORDIC COVER ApS (CVR number: 33878192) is a company from AALBORG. The company recorded a gross profit of 15.9 kDKK in 2024. The operating profit was 15.9 kDKK, while net earnings were 6.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -36 %. 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 0.6 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-27.05-6.56164.07178.9815.93
EBIT-27.05-6.56109.89178.9815.93
Net earnings-13.09-3.4573.19132.766.51
Shareholders equity total- 253.04- 256.50- 183.30-50.54-44.03
Balance sheet total (assets)383.06170.1484.93195.5578.26
Net debt393.72144.6969.65-27.0640.36
Profitability
EBIT-%
ROA5.5 %-0.6 %31.6 %69.6 %8.7 %
ROE-2.3 %-1.2 %57.4 %94.7 %4.8 %
ROI6.7 %-0.8 %51.0 %121.8 %12.8 %
Economic value added (EVA)-52.76-18.9784.18141.616.65
Solvency
Equity ratio-39.8 %-60.1 %-68.3 %-20.5 %-36.0 %
Gearing-197.6 %-112.1 %-78.3 %-298.0 %-227.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.30.80.6
Current ratio0.60.40.30.80.6
Cash and cash equivalents106.28142.7773.79177.6759.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:8.70%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-36.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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