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Nord R&D ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nord R&D ApS
Nord R&D ApS (CVR number: 41204338) is a company from AARHUS. The company recorded a gross profit of 712 kDKK in 2025. The operating profit was -44.4 kDKK, while net earnings were -36.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.8 %, which can be considered poor and Return on Equity (ROE) was -21.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.5 %, 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. Nord R&D ApS's liquidity measured by quick ratio was 2.2 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 323.56 | 697.79 | 742.13 | 755.06 | 711.97 |
| EBIT | -52.62 | 88.98 | 70.68 | 54.84 | -44.42 |
| Net earnings | -43.24 | 67.37 | 53.03 | 40.02 | -36.92 |
| Shareholders equity total | 27.54 | 94.91 | 147.94 | 187.96 | 151.04 |
| Balance sheet total (assets) | 65.74 | 271.13 | 298.48 | 327.91 | 272.37 |
| Net debt | -0.55 | - 155.23 | - 217.41 | - 217.55 | - 165.69 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -42.7 % | 52.8 % | 24.8 % | 17.5 % | -14.8 % |
| ROE | -88.0 % | 110.0 % | 43.7 % | 23.8 % | -21.8 % |
| ROI | -103.9 % | 141.8 % | 57.6 % | 32.3 % | -25.9 % |
| Economic value added (EVA) | -44.72 | 67.95 | 50.24 | 35.00 | -44.38 |
| Solvency | |||||
| Equity ratio | 41.9 % | 35.0 % | 49.6 % | 57.3 % | 55.5 % |
| Gearing | 6.2 % | 1.4 % | 0.9 % | 0.7 % | 0.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.5 | 2.0 | 2.4 | 2.2 |
| Current ratio | 1.4 | 1.5 | 2.0 | 2.4 | 2.2 |
| Cash and cash equivalents | 2.26 | 156.56 | 218.75 | 218.88 | 167.02 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BBB |
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