Nordic ShopSolutions ApS — Credit Rating and Financial Key Figures

CVR number: 35472509
Alsikevej 35, 8920 Randers NV
info@nordicshopsolutions.com
tel: 22487015

Company information

Official name
Nordic ShopSolutions ApS
Personnel
40 persons
Established
2013
Company form
Private limited company
Industry

About Nordic ShopSolutions ApS

Nordic ShopSolutions ApS (CVR number: 35472509) is a company from RANDERS. The company recorded a gross profit of 15.9 mDKK in 2023. The operating profit was 3700.3 kDKK, while net earnings were 2731.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.1 %, which can be considered excellent and Return on Equity (ROE) was 64.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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 ShopSolutions ApS's liquidity measured by quick ratio was 3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 379.137 295.667 546.0613 303.9115 911.70
EBIT-1 875.80621.151 186.512 553.663 700.30
Net earnings-1 500.17443.20921.241 912.572 731.94
Shareholders equity total81.40524.601 445.843 358.415 090.35
Balance sheet total (assets)3 500.765 003.678 464.939 205.059 840.78
Net debt1 193.67- 769.27-1 819.69- 635.86-2 665.38
Profitability
EBIT-%
ROA-51.9 %15.3 %18.3 %29.5 %39.1 %
ROE-166.4 %146.3 %93.5 %79.6 %64.7 %
ROI-116.0 %49.5 %60.4 %66.4 %60.7 %
Economic value added (EVA)-1 513.86472.80974.222 056.402 810.35
Solvency
Equity ratio2.4 %10.6 %17.2 %36.6 %51.7 %
Gearing1509.1 %151.0 %85.7 %46.6 %37.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.21.83.0
Current ratio0.91.01.21.83.1
Cash and cash equivalents34.721 561.403 058.142 202.504 569.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBAAA

Variable visualization

ROA:39.1%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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