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 -20.1 kDKK in 2023. The operating profit was -20.1 kDKK, while net earnings were -540.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -56.6 %. 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 very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -36.97 | -12.03 | -14.30 | -18.58 | -20.13 |
EBIT | -36.97 | -12.03 | -14.30 | -18.58 | -20.13 |
Net earnings | - 543.12 | - 510.73 | - 517.43 | -15 959.80 | - 540.49 |
Shareholders equity total | -3 695.90 | -4 206.64 | -4 724.06 | -20 683.86 | -21 224.35 |
Balance sheet total (assets) | 16 228.12 | 16 121.11 | 16 075.88 | 16 423.89 | 16 274.73 |
Net debt | 19 696.43 | 20 210.95 | 20 727.45 | 153.31 | -11.51 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | -0.1 % | -0.1 % | -0.1 % | -0.1 % |
ROE | -3.3 % | -3.2 % | -3.2 % | -98.2 % | -3.3 % |
ROI | -0.2 % | -0.1 % | -0.1 % | -0.2 % | -24.6 % |
Economic value added (EVA) | -37.34 | -11.96 | -14.55 | -18.30 | 1 824.86 |
Solvency | |||||
Equity ratio | -18.5 % | -20.7 % | -22.7 % | -55.7 % | -56.6 % |
Gearing | -538.7 % | -482.9 % | -440.0 % | -0.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.6 | 8.4 | 5.3 | 1.2 | 1.5 |
Current ratio | 16.6 | 8.4 | 5.3 | 1.2 | 1.5 |
Cash and cash equivalents | 213.84 | 102.41 | 58.12 | 9.81 | 11.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BB | BB |
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