Nordic Sense A/S — Credit Rating and Financial Key Figures

CVR number: 12376839
Mads Clausens Vej 1, 8600 Silkeborg
tel: 86800619

Credit rating

Company information

Official name
Nordic Sense A/S
Personnel
54 persons
Established
1988
Company form
Limited company
Industry
  • Expand more icon20Manufacture of chemicals and chemical products

About Nordic Sense A/S

Nordic Sense A/S (CVR number: 12376839) is a company from SILKEBORG. The company recorded a gross profit of 32.5 mDKK in 2023. The operating profit was 3138 kDKK, while net earnings were 495 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Sense A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit27 421.0042 884.0018 378.0026 168.0032 537.00
EBIT1 595.8642 884.0018 378.00-1 953.003 138.00
Net earnings2 845.005 739.00-4 450.00-2 681.00495.00
Shareholders equity total11 719.0016 239.006 790.004 109.004 604.00
Balance sheet total (assets)49 978.0061 208.0064 348.0061 717.0065 954.00
Net debt16 139.7637 719.0041 149.00
Profitability
EBIT-%
ROA3.7 %77.1 %29.3 %-3.1 %4.9 %
ROE27.6 %41.1 %-38.6 %-49.2 %11.4 %
ROI4.6 %84.1 %29.3 %-3.5 %6.5 %
Economic value added (EVA)1 336.2042 438.1917 561.99-1 867.731 687.85
Solvency
Equity ratio29.2 %100.0 %100.0 %16.4 %16.1 %
Gearing137.7 %918.0 %893.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.30.4
Current ratio1.20.90.9
Cash and cash equivalents2.341.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBBA

Variable visualization

ROA:4.92%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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