NORDCAR FINANCE A/S — Credit Rating and Financial Key Figures

CVR number: 27688160
Kastaniehøjvej 2, 8600 Silkeborg
Free credit report Annual report

Credit rating

Company information

Official name
NORDCAR FINANCE A/S
Established
2004
Company form
Limited company
Industry

About NORDCAR FINANCE A/S

NORDCAR FINANCE A/S (CVR number: 27688160) is a company from SILKEBORG. The company recorded a gross profit of 54.4 mDKK in 2024. The operating profit was 52.7 mDKK, while net earnings were 31.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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. NORDCAR FINANCE A/S's liquidity measured by quick ratio was 6.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit24 635.0037 247.0073 454.0083 910.0054 388.00
EBIT24 635.0037 247.0073 454.0081 611.0052 660.00
Net earnings12 446.0018 892.0045 560.0048 409.0031 515.00
Shareholders equity total85 680.00104 572.00150 132.00168 541.00200 056.00
Balance sheet total (assets)403 930.00534 213.00600 977.00559 947.00269 100.00
Net debt315 883.00-1 791.00
Profitability
EBIT-%
ROA6.0 %7.9 %12.9 %14.1 %12.7 %
ROE15.7 %19.9 %35.8 %30.4 %17.1 %
ROI6.0 %7.9 %12.9 %14.5 %14.0 %
Economic value added (EVA)20 954.9932 941.5868 199.2656 112.2614 527.02
Solvency
Equity ratio100.0 %100.0 %100.0 %30.1 %74.3 %
Gearing187.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.16.2
Current ratio0.16.2
Cash and cash equivalents1 791.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.