Nordic Freeport ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Freeport ApS
Nordic Freeport ApS (CVR number: 37999717) is a company from AALBORG. The company recorded a gross profit of 4600.2 kDKK in 2024. The operating profit was -470 kDKK, while net earnings were -347.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nordic Freeport ApS's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 330.49 | 10 026.93 | 7 699.40 | 6 213.42 | 4 600.25 |
| EBIT | - 597.01 | 3 029.66 | - 201.93 | 546.35 | - 470.00 |
| Net earnings | - 468.83 | 2 365.19 | - 486.86 | 265.35 | - 347.37 |
| Shareholders equity total | 2 344.51 | 4 709.70 | 4 222.84 | 4 488.19 | 4 140.83 |
| Balance sheet total (assets) | 4 285.74 | 15 732.97 | 22 973.51 | 7 015.70 | 6 820.08 |
| Net debt | 1 744.07 | 6 971.80 | 16 419.44 | 797.19 | 476.81 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -19.3 % | 32.2 % | 1.9 % | 4.8 % | -3.9 % |
| ROE | -29.7 % | 67.1 % | -10.9 % | 6.1 % | -8.1 % |
| ROI | -20.8 % | 40.6 % | 2.2 % | 5.6 % | -5.4 % |
| Economic value added (EVA) | - 532.57 | 2 151.63 | - 746.15 | - 649.37 | - 777.06 |
| Solvency | |||||
| Equity ratio | 54.7 % | 29.9 % | 18.4 % | 64.7 % | 61.8 % |
| Gearing | 76.5 % | 148.0 % | 388.8 % | 18.2 % | 15.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 1.3 | 1.1 | 2.4 | 2.3 |
| Current ratio | 2.1 | 1.3 | 1.1 | 2.3 | 2.2 |
| Cash and cash equivalents | 48.39 | 21.68 | 148.58 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | A | BBB | A | BBB |
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