AKTIESELSKABET NORDFYNS BANK — Credit Rating and Financial Key Figures
Credit rating
Company information
About AKTIESELSKABET NORDFYNS BANK
AKTIESELSKABET NORDFYNS BANK (CVR number: 64865218K) is a company from ODENSE. The company recorded a gross profit of 118.6 mDKK in 2024. The operating profit was 74.5 mDKK, while net earnings were 83 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 14.1 %, 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. AKTIESELSKABET NORDFYNS BANK'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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 127 043.00 | 119 451.00 | 118 564.00 |
EBIT | 46 455.00 | 101 181.00 | 74 495.00 |
Net earnings | 25 423.00 | 110 272.00 | 82 974.00 |
Shareholders equity total | 624 439.00 | 731 375.00 | 782 942.00 |
Balance sheet total (assets) | |||
Net debt | - 908 221.00 | -1 193 638.00 | - 865 982.00 |
Profitability | |||
EBIT-% | |||
ROA | |||
ROE | 4.1 % | 8.1 % | 5.5 % |
ROI | -1.1 % | -1.6 % | -1.3 % |
Economic value added (EVA) | 37 983.64 | 94 756.35 | 80 045.65 |
Solvency | |||
Equity ratio | 12.2 % | 14.1 % | 14.1 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | |||
Current ratio | |||
Cash and cash equivalents | 908 221.00 | 1 193 638.00 | 865 982.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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