Nord Gas ApS — Credit Rating and Financial Key Figures

CVR number: 38510320
Tronholmen 5, 8960 Randers SØ

Credit rating

Company information

Official name
Nord Gas ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Nord Gas ApS

Nord Gas ApS (CVR number: 38510320) is a company from RANDERS. The company recorded a gross profit of -2.5 kDKK in 2023. The operating profit was -2.5 kDKK, while net earnings were -2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -17.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nord Gas ApS's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.00-5.00-5.00-3.00-2.50
EBIT-5.00-5.00-5.00-3.00-2.50
Net earnings-9.35-4.48-6.98-4.00-2.50
Shareholders equity total30.6526.1719.1916.0013.18
Balance sheet total (assets)49.9749.8449.7150.0049.58
Net debt-19.97-19.84-19.71-20.00-19.59
Profitability
EBIT-%
ROA-10.0 %-8.1 %-10.0 %-6.0 %-5.0 %
ROE-26.5 %-15.8 %-30.8 %-22.7 %-17.1 %
ROI-14.2 %-14.3 %-22.0 %-17.1 %-17.1 %
Economic value added (EVA)-6.00-5.54-5.32-2.97-2.30
Solvency
Equity ratio61.3 %52.5 %38.6 %32.0 %26.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.62.11.61.51.4
Current ratio2.62.11.61.51.4
Cash and cash equivalents19.9719.8419.7120.0019.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-5.02%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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