NORDJYSK LANDBRUGSTEKNIK APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDJYSK LANDBRUGSTEKNIK APS
NORDJYSK LANDBRUGSTEKNIK APS (CVR number: 40445188) is a company from FREDERIKSHAVN. The company recorded a gross profit of 319.9 kDKK in 2023. The operating profit was -145.9 kDKK, while net earnings were -122.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.6 %, which can be considered poor and Return on Equity (ROE) was -44.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.3 %, 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. NORDJYSK LANDBRUGSTEKNIK APS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 239.88 | 393.51 | 680.55 | 775.43 | 319.86 |
EBIT | -18.73 | -18.06 | 254.36 | 309.55 | - 145.94 |
Net earnings | -26.29 | -18.74 | 192.85 | 237.46 | - 122.71 |
Shareholders equity total | 23.71 | 4.97 | 197.83 | 335.29 | 212.58 |
Balance sheet total (assets) | 296.64 | 308.55 | 456.87 | 859.15 | 619.08 |
Net debt | 105.17 | 186.76 | 90.45 | 27.78 | 183.25 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.3 % | -5.7 % | 66.5 % | 47.1 % | -19.6 % |
ROE | -110.9 % | -130.7 % | 190.2 % | 89.1 % | -44.8 % |
ROI | -14.5 % | -10.8 % | 102.9 % | 83.2 % | -34.6 % |
Economic value added (EVA) | -16.77 | -15.28 | 198.15 | 231.51 | - 127.61 |
Solvency | |||||
Equity ratio | 8.0 % | 1.6 % | 43.3 % | 39.0 % | 34.3 % |
Gearing | 443.6 % | 3755.5 % | 45.7 % | 26.5 % | 86.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.3 | 0.5 | 1.0 | 0.6 |
Current ratio | 0.6 | 0.5 | 1.4 | 1.5 | 1.3 |
Cash and cash equivalents | 61.18 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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