Nordic IT Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 40664548
Lottenborgvej 26, 2800 Kongens Lyngby
admin@nordic-it.com
tel: 39403997
www..nordic-it.com

Credit rating

Company information

Official name
Nordic IT Denmark ApS
Personnel
14 persons
Established
2019
Company form
Private limited company
Industry

About Nordic IT Denmark ApS

Nordic IT Denmark ApS (CVR number: 40664548) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 13 mDKK in 2023. The operating profit was 2155.7 kDKK, while net earnings were 1598.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -26.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic IT Denmark ApS's liquidity measured by quick ratio was 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
Volume
Net sales
Gross profit6 913.377 150.8711 915.6212 988.58
EBIT-4 456.06- 871.451 433.942 155.66
Net earnings-2 999.96-2 915.68-1 199.561 598.67
Shareholders equity total-2 959.96-5 672.28-6 940.29-5 394.88
Balance sheet total (assets)25 719.3223 506.5221 041.0617 637.79
Net debt16 612.3017 457.3218 938.2614 454.68
Profitability
EBIT-%
ROA-10.2 %-3.0 %7.1 %8.8 %
ROE-11.7 %-11.8 %-5.4 %8.3 %
ROI-15.2 %-4.3 %9.5 %11.8 %
Economic value added (EVA)-4 146.43- 633.621 888.682 643.49
Solvency
Equity ratio-11.2 %-20.7 %-26.8 %-26.6 %
Gearing-651.6 %-367.3 %-312.8 %-303.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.32.12.0
Current ratio0.41.01.51.3
Cash and cash equivalents2 673.933 377.372 767.751 912.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:8.81%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-26.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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