Nordic Firefly A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Firefly A/S
Nordic Firefly A/S (CVR number: 38470299) is a company from ROSKILDE. The company recorded a gross profit of 882.4 kDKK in 2023. The operating profit was -446.3 kDKK, while net earnings were -269.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.8 %, which can be considered poor and Return on Equity (ROE) was -29 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Firefly A/S's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 591.89 | 1 401.10 | 895.68 | 760.05 | 882.42 |
EBIT | - 174.05 | 66.64 | - 414.88 | - 555.78 | - 446.29 |
Net earnings | - 137.16 | 45.70 | - 326.52 | - 543.97 | - 269.79 |
Shareholders equity total | 469.75 | 1 015.44 | 688.92 | 144.96 | - 124.83 |
Balance sheet total (assets) | 810.24 | 1 288.18 | 906.92 | 462.50 | 1 714.50 |
Net debt | 190.14 | - 522.47 | - 128.49 | -66.50 | 431.75 |
Profitability | |||||
EBIT-% | |||||
ROA | -22.3 % | 6.4 % | -37.8 % | -81.2 % | -38.8 % |
ROE | -25.5 % | 6.2 % | -38.3 % | -130.5 % | -29.0 % |
ROI | -26.6 % | 7.5 % | -46.0 % | -118.9 % | -130.7 % |
Economic value added (EVA) | - 142.09 | 28.37 | - 348.38 | - 565.02 | - 320.81 |
Solvency | |||||
Equity ratio | 58.0 % | 78.8 % | 76.0 % | 31.3 % | -12.6 % |
Gearing | 40.5 % | -345.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 5.5 | 4.9 | 1.2 | 1.7 |
Current ratio | 2.6 | 5.7 | 5.4 | 1.7 | 1.0 |
Cash and cash equivalents | 522.47 | 128.49 | 66.50 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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