Nordstern København ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordstern København ApS
Nordstern København ApS (CVR number: 30913574) is a company from HORSENS. The company reported a net sales of 1218.1 mDKK in 2022, demonstrating a growth of 56.6 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 57.4 mDKK), while net earnings were 48.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. Nordstern København ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 254.58 | 1 521.46 | 1 480.66 | 777.70 | 1 218.08 |
Gross profit | 108.12 | 168.39 | 153.85 | 167.59 | 117.98 |
EBIT | 99.81 | 162.17 | 145.29 | 107.71 | 57.37 |
Net earnings | 88.84 | 127.58 | 109.46 | 93.16 | 48.55 |
Shareholders equity total | 309.96 | 331.54 | 381.00 | 156.16 | 204.82 |
Balance sheet total (assets) | 859.94 | 814.86 | 770.51 | 409.75 | 692.86 |
Net debt | -1.63 | 114.50 | 14.62 | -0.11 | - 140.75 |
Profitability | |||||
EBIT-% | 8.0 % | 10.7 % | 9.8 % | 13.8 % | 4.7 % |
ROA | 14.9 % | 20.7 % | 18.4 % | 20.4 % | 11.3 % |
ROE | 30.3 % | 39.8 % | 30.7 % | 34.7 % | 26.9 % |
ROI | 24.2 % | 34.4 % | 31.2 % | 37.5 % | 26.1 % |
Economic value added (EVA) | 69.01 | 118.11 | 97.45 | 64.93 | 36.92 |
Solvency | |||||
Equity ratio | 39.2 % | 42.2 % | 49.9 % | 38.1 % | 29.6 % |
Gearing | 45.1 % | 38.7 % | 3.8 % | 1.3 % | |
Relative net indebtedness % | 28.2 % | 27.9 % | 23.8 % | 25.7 % | 23.3 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.0 | 2.2 | 2.0 | 1.6 |
Current ratio | 1.7 | 1.9 | 2.2 | 2.0 | 1.6 |
Cash and cash equivalents | 141.28 | 13.84 | 0.11 | 143.40 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 63.7 | 9.8 | 96.5 | 31.8 | 23.1 |
Net working capital % | 28.9 % | 24.6 % | 28.1 % | 26.9 % | 21.5 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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