Nordic Property Financing K/S — Credit Rating and Financial Key Figures

CVR number: 41745606
Jørgen Knudsens Vej 2, 3520 Farum

Credit rating

Company information

Official name
Nordic Property Financing K/S
Established
2020
Company form
Limited partnership
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit26 113.2983 676.42182 246.73
EBIT26 113.2983 676.42182 246.73
Net earnings18 695.3054 059.2060 040.05
Shareholders equity total210 695.30242 754.50258 794.55
Balance sheet total (assets)1 230 707.332 625 020.762 658 037.15
Net debt-12 501.13-10 777.93-4 364.07
Profitability
EBIT-%
ROA2.1 %4.3 %6.9 %
ROE8.9 %23.8 %23.9 %
ROI2.6 %13.3 %72.9 %
Economic value added (EVA)26 113.2973 717.16170 589.91
Solvency
Equity ratio17.1 %9.2 %9.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.0
Current ratio0.10.20.0
Cash and cash equivalents12 501.1310 777.934 364.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:6.92%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.74%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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