Nordic Property Financing K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Property Financing K/S
Nordic Property Financing K/S (CVR number: 41745606) is a company from FURESØ. The company recorded a gross profit of 182.2 mDKK in 2023. The operating profit was 182.2 mDKK, while net earnings were 60 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Property Financing K/S's liquidity measured by quick ratio was 0 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 26 113.29 | 83 676.42 | 182 246.73 |
EBIT | 26 113.29 | 83 676.42 | 182 246.73 |
Net earnings | 18 695.30 | 54 059.20 | 60 040.05 |
Shareholders equity total | 210 695.30 | 242 754.50 | 258 794.55 |
Balance sheet total (assets) | 1 230 707.33 | 2 625 020.76 | 2 658 037.15 |
Net debt | -12 501.13 | -10 777.93 | -4 364.07 |
Profitability | |||
EBIT-% | |||
ROA | 2.1 % | 4.3 % | 6.9 % |
ROE | 8.9 % | 23.8 % | 23.9 % |
ROI | 2.6 % | 13.3 % | 72.9 % |
Economic value added (EVA) | 26 113.29 | 73 717.16 | 170 589.91 |
Solvency | |||
Equity ratio | 17.1 % | 9.2 % | 9.7 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.1 | 0.2 | 0.0 |
Current ratio | 0.1 | 0.2 | 0.0 |
Cash and cash equivalents | 12 501.13 | 10 777.93 | 4 364.07 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | A | A |
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