Nordre Ringgade P/S — Credit Rating and Financial Key Figures

CVR number: 38047957
Skolebakken 7, 8000 Aarhus C
Free credit report Annual report

Company information

Official name
Nordre Ringgade P/S
Established
2016
Industry

About Nordre Ringgade P/S

Nordre Ringgade P/S (CVR number: 38047957) is a company from AARHUS. The company recorded a gross profit of 383.5 kDKK in 2024. The operating profit was 208.5 kDKK, while net earnings were 3300.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 71.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. Nordre Ringgade P/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit359.741 106.301 349.441 167.70383.50
EBIT1 801.801 183.461 349.441 587.70208.50
Net earnings1 137.23525.83777.351 012.123 300.68
Shareholders equity total2 298.072 823.903 601.264 613.384 614.05
Balance sheet total (assets)17 145.7334 028.4034 476.6435 493.1917 497.21
Net debt14 117.3329 839.3929 476.7429 992.9311 932.99
Profitability
EBIT-%
ROA11.0 %4.6 %3.9 %4.5 %13.4 %
ROE35.2 %20.5 %24.2 %24.6 %71.5 %
ROI11.3 %4.8 %4.1 %4.7 %13.8 %
Economic value added (EVA)1 036.71351.63- 296.43- 101.10-1 532.75
Solvency
Equity ratio13.4 %8.3 %10.5 %13.0 %26.4 %
Gearing620.3 %1059.9 %833.2 %651.1 %263.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.10.00.3
Current ratio0.20.00.10.00.3
Cash and cash equivalents138.6090.28529.9745.52218.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:13.4%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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