Nordic Star Fireworks ApS
Credit rating
Company information
About Nordic Star Fireworks ApS
Nordic Star Fireworks ApS (CVR number: 40345175) is a company from HADERSLEV. The company recorded a gross profit of -46.3 kDKK in 2023. The operating profit was -46.3 kDKK, while net earnings were -36.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.9 %, which can be considered poor and Return on Equity (ROE) was -30.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.5 %, 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. Nordic Star Fireworks ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 17.48 | 59.74 | 4.65 | 52.56 | -46.30 |
EBIT | 14.11 | 52.13 | -2.96 | 48.32 | -46.30 |
Net earnings | 10.53 | 40.05 | -2.98 | 40.85 | -36.26 |
Shareholders equity total | 60.53 | 100.57 | 97.59 | 138.44 | 102.18 |
Balance sheet total (assets) | 281.67 | 201.33 | 332.81 | 350.39 | 272.45 |
Net debt | -50.75 | -43.77 | -91.42 | - 155.62 | -41.17 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.0 % | 21.6 % | -1.1 % | 14.1 % | -14.9 % |
ROE | 17.4 % | 49.7 % | -3.0 % | 34.6 % | -30.1 % |
ROI | 23.0 % | 53.4 % | -2.2 % | 34.4 % | -36.5 % |
Economic value added (EVA) | 10.58 | 40.26 | -4.14 | 43.00 | -34.80 |
Solvency | |||||
Equity ratio | 21.5 % | 50.0 % | 29.3 % | 39.5 % | 37.5 % |
Gearing | 1.5 % | 33.1 % | 35.7 % | 7.0 % | 3.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.1 | 1.1 | 1.2 |
Current ratio | 1.2 | 1.9 | 1.4 | 1.7 | 1.6 |
Cash and cash equivalents | 51.65 | 77.07 | 126.28 | 165.28 | 44.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | B | B |
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