NORDICMODERN ApS — Credit Rating and Financial Key Figures

CVR number: 39697580
Søllerødvej 111, Søllerød 2840 Holte
tel: 40323060
www.nordicmodern.dk

Credit rating

Company information

Official name
NORDICMODERN ApS
Personnel
2 persons
Established
2018
Domicile
Søllerød
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About NORDICMODERN ApS

NORDICMODERN ApS (CVR number: 39697580) is a company from RUDERSDAL. The company recorded a gross profit of 1211.2 kDKK in 2024. The operating profit was 792 kDKK, while net earnings were 615.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.6 %, which can be considered excellent and Return on Equity (ROE) was 71.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. NORDICMODERN ApS's liquidity measured by quick ratio was 2.9 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 sales
Gross profit288.88430.92345.81316.931 211.17
EBIT188.88287.12134.46164.65791.98
Net earnings126.73220.0798.66123.25615.14
Shareholders equity total160.12380.20478.86602.111 117.25
Balance sheet total (assets)1 071.071 019.67875.88891.571 729.74
Net debt- 406.68- 195.07-89.12- 166.91- 975.02
Profitability
EBIT-%
ROA19.3 %28.1 %15.4 %18.9 %60.6 %
ROE131.0 %81.5 %23.0 %22.8 %71.6 %
ROI195.3 %106.8 %31.8 %29.6 %87.6 %
Economic value added (EVA)139.38233.6292.79108.29593.46
Solvency
Equity ratio14.9 %37.3 %54.7 %67.5 %64.6 %
Gearing2.3 %10.1 %8.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.71.01.42.9
Current ratio1.21.82.43.63.9
Cash and cash equivalents406.68203.66137.31166.911 068.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:60.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer

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