NORDIC BOATS A/S — Credit Rating and Financial Key Figures

CVR number: 80497318
Marinavejen 4 C, 5300 Kerteminde
ea@amanda.life
tel: 40563232
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Company information

Official name
NORDIC BOATS A/S
Personnel
1 person
Established
1980
Company form
Limited company
Industry

About NORDIC BOATS A/S

NORDIC BOATS A/S (CVR number: 80497318) is a company from KERTEMINDE. The company recorded a gross profit of -92.8 kDKK in 2024. The operating profit was -159.8 kDKK, while net earnings were -1008 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -34.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORDIC BOATS A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales72.8345.26
Gross profit-94.19-80.50-56.53- 125.06-92.78
EBIT- 180.89- 148.46- 187.36- 199.76- 159.82
Net earnings537.69- 193.7686.03252.80-1 008.05
Shareholders equity total6 965.854 772.084 358.113 710.912 102.87
Balance sheet total (assets)7 791.265 669.984 782.334 188.552 635.38
Net debt-4 708.15-2 344.42-2 450.43-1 921.37- 330.03
Profitability
EBIT-%-248.4 %-328.0 %
ROA9.4 %-1.8 %1.6 %7.2 %-3.9 %
ROE8.0 %-3.3 %1.9 %6.3 %-34.7 %
ROI9.8 %-1.8 %1.7 %7.3 %-3.9 %
Economic value added (EVA)- 483.69- 533.81- 467.89- 395.56- 366.25
Solvency
Equity ratio89.4 %84.2 %91.1 %88.6 %79.8 %
Gearing7.6 %17.0 %9.5 %10.7 %24.9 %
Relative net indebtedness %-6057.9 %-4986.9 %
Liquidity
Quick ratio6.33.56.84.91.6
Current ratio6.33.56.84.91.6
Cash and cash equivalents5 237.583 155.002 863.412 318.46853.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-198.9 %-761.8 %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:-3.88%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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