NORDENS KONVERTIBLE OBLIGATIONER V A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDENS KONVERTIBLE OBLIGATIONER V A/S
NORDENS KONVERTIBLE OBLIGATIONER V A/S (CVR number: 35231137) is a company from KØBENHAVN. The company recorded a gross profit of -20.8 kDKK in 2024. The operating profit was -20.8 kDKK, while net earnings were -570.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -57.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NORDENS KONVERTIBLE OBLIGATIONER V A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -12.03 | -14.30 | -18.58 | -20.13 | -20.76 |
| EBIT | -12.03 | -14.30 | -18.58 | -20.13 | -20.76 |
| Net earnings | - 510.73 | - 517.43 | -15 959.80 | - 540.49 | - 570.11 |
| Shareholders equity total | -4 206.64 | -4 724.06 | -20 683.86 | -21 224.35 | -21 794.46 |
| Balance sheet total (assets) | 16 121.11 | 16 075.88 | 16 423.89 | 16 274.73 | 16 266.10 |
| Net debt | 20 210.95 | 20 727.45 | 153.31 | -11.51 | -10.78 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.1 % | -0.1 % | -0.1 % | -0.1 % | -0.0 % |
| ROE | -3.2 % | -3.2 % | -98.2 % | -3.3 % | -3.5 % |
| ROI | -0.1 % | -0.1 % | -0.2 % | -24.6 % | |
| Economic value added (EVA) | - 826.71 | - 823.70 | - 825.22 | 1 012.17 | 1 045.83 |
| Solvency | |||||
| Equity ratio | -20.7 % | -22.7 % | -55.7 % | -56.6 % | -57.3 % |
| Gearing | -482.9 % | -440.0 % | -0.8 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 8.4 | 5.3 | 1.2 | 1.5 | 1.5 |
| Current ratio | 8.4 | 5.3 | 1.2 | 1.5 | 1.5 |
| Cash and cash equivalents | 102.41 | 58.12 | 9.81 | 11.51 | 10.78 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | B | BB | BB |
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