Nordicrent ApS

CVR number: 38930885
Rungstedvej 9 B, 2970 Hørsholm

Credit rating

Company information

Official name
Nordicrent ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About Nordicrent ApS

Nordicrent ApS (CVR number: 38930885) is a company from HØRSHOLM. The company recorded a gross profit of -29.6 kDKK in 2023. The operating profit was -29.6 kDKK, while net earnings were -80.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -46.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -98 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordicrent ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-50.29430.32-1.58-2.57-29.58
EBIT-50.29428.74-1.58-2.57-29.58
Net earnings-61.42475.13-3.8230.67-80.76
Shareholders equity total- 613.18- 138.05- 141.87- 111.20- 191.96
Balance sheet total (assets)286.95308.00126.23345.773.92
Net debt657.66-24.12119.67330.32186.48
Profitability
EBIT-%
ROA-5.5 %63.7 %-0.4 %-0.7 %-9.1 %
ROE-18.4 %159.7 %-1.8 %13.0 %-46.2 %
ROI-6.8 %103.0 %-1.0 %-1.0 %-11.2 %
Economic value added (EVA)-11.60510.5514.525.82-15.11
Solvency
Equity ratio-68.1 %-30.9 %-52.9 %-24.3 %-98.0 %
Gearing-110.1 %-114.6 %-102.0 %-302.5 %-99.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.80.71.20.7
Current ratio0.31.11.02.90.7
Cash and cash equivalents17.63182.2825.026.073.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBCBBB

Variable visualization

ROA:-9.06%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-98.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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