Nordens Entreprise ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordens Entreprise ApS
Nordens Entreprise ApS (CVR number: 38925245) is a company from DRAGØR. The company recorded a gross profit of 1911.9 kDKK in 2023. The operating profit was -341.2 kDKK, while net earnings were -451.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -21.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Nordens Entreprise 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 236.31 | 11 399.39 | |||
Gross profit | 45.09 | 180.44 | 2 275.95 | 3 963.71 | 1 911.87 |
EBIT | 29.90 | 164.43 | 1 061.36 | 2 447.85 | - 341.22 |
Net earnings | 18.53 | 126.52 | 818.58 | 1 863.90 | - 451.31 |
Shareholders equity total | 72.51 | 88.44 | 794.02 | 2 425.72 | 1 856.62 |
Balance sheet total (assets) | 571.56 | 430.02 | 2 200.22 | 6 317.74 | 3 548.63 |
Net debt | - 185.47 | - 202.31 | - 176.57 | - 365.77 | 98.58 |
Profitability | |||||
EBIT-% | 1.3 % | 9.3 % | |||
ROA | 8.3 % | 32.8 % | 80.8 % | 57.5 % | -6.9 % |
ROE | 29.3 % | 157.2 % | 185.5 % | 115.8 % | -21.1 % |
ROI | 47.3 % | 204.3 % | 240.8 % | 150.7 % | -15.2 % |
Economic value added (EVA) | 18.92 | 133.53 | 829.46 | 1 853.22 | - 460.41 |
Solvency | |||||
Equity ratio | 12.7 % | 20.6 % | 36.1 % | 38.4 % | 52.3 % |
Gearing | 1.2 % | 8.7 % | |||
Relative net indebtedness % | 14.0 % | 10.8 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.6 | 1.6 | 1.6 |
Current ratio | 1.1 | 1.2 | 1.6 | 1.6 | 1.7 |
Cash and cash equivalents | 185.47 | 202.31 | 176.57 | 394.01 | 63.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 23.4 | 59.9 | |||
Net working capital % | 3.2 % | 7.0 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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