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Nordic Refrigeration Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 39919133
Karetmagervej 19 C, 7100 Vejle
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Company information

Official name
Nordic Refrigeration Solutions ApS
Personnel
3 persons
Established
2018
Company form
Private limited company
Industry

About Nordic Refrigeration Solutions ApS

Nordic Refrigeration Solutions ApS (CVR number: 39919133) is a company from VEJLE. The company recorded a gross profit of 5116.4 kDKK in 2025. The operating profit was 2030.5 kDKK, while net earnings were 1435.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 79.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.4 %, 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. Nordic Refrigeration Solutions ApS's liquidity measured by quick ratio was 0.4 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit2 608.0010 355.003 329.003 132.005 116.44
EBIT606.007 912.00559.0065.002 030.52
Net earnings426.006 048.00116.00- 311.001 435.64
Shareholders equity total1 228.007 276.001 392.001 080.002 515.99
Balance sheet total (assets)8 395.0016 832.0013 032.0013 209.0011 770.13
Net debt- 223.00-1 806.007 533.008 787.003 433.80
Profitability
EBIT-%
ROA8.1 %62.7 %3.9 %0.5 %16.3 %
ROE29.8 %142.2 %2.7 %-25.2 %79.8 %
ROI42.4 %137.3 %5.8 %0.7 %25.7 %
Economic value added (EVA)380.666 125.39- 140.27- 435.331 073.50
Solvency
Equity ratio14.6 %43.2 %10.7 %8.2 %21.4 %
Gearing41.5 %602.9 %814.2 %136.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.31.00.20.20.4
Current ratio1.21.71.11.11.3
Cash and cash equivalents223.004 822.00860.006.001.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:21.4%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
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