Nordic Refrigeration Solutions ApS

CVR number: 39919133
Karetmagervej 19 C, 7100 Vejle

Credit rating

Company information

Official name
Nordic Refrigeration Solutions ApS
Personnel
6 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Nordic Refrigeration Solutions ApS

Nordic Refrigeration Solutions ApS (CVR number: 39919133) is a company from VEJLE. The company recorded a gross profit of 3329.2 kDKK in 2023. The operating profit was 559.3 kDKK, while net earnings were 116.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 10.7 %, 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 Refrigeration Solutions ApS's liquidity measured by quick ratio was 0.2 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
20192020202120222023
Volume
Net sales
Gross profit1 233.902 236.482 608.0010 355.003 329.17
EBIT139.821 120.04606.007 912.00559.30
Net earnings49.25832.22426.006 048.00116.08
Shareholders equity total799.251 631.461 228.007 276.001 391.73
Balance sheet total (assets)4 560.976 591.898 395.0016 832.0013 032.10
Net debt450.60- 740.83- 223.00-1 806.001 771.80
Profitability
EBIT-%
ROA3.1 %20.1 %8.1 %62.7 %3.9 %
ROE6.2 %68.5 %29.8 %142.2 %2.7 %
ROI7.2 %62.5 %42.4 %137.3 %8.1 %
Economic value added (EVA)105.37847.21417.896 136.70254.28
Solvency
Equity ratio17.5 %24.7 %14.6 %43.2 %10.7 %
Gearing144.1 %41.5 %189.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.31.00.2
Current ratio1.21.31.21.71.1
Cash and cash equivalents701.00740.83223.004 822.00859.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:3.88%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.7%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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