WATERROWER | NOHRD Nordic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WATERROWER | NOHRD Nordic ApS
WATERROWER | NOHRD Nordic ApS (CVR number: 35848363) is a company from ASSENS. The company recorded a gross profit of 274.9 kDKK in 2023. The operating profit was -1314.6 kDKK, while net earnings were -1325.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.9 %, which can be considered poor and Return on Equity (ROE) was -61.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. WATERROWER | NOHRD Nordic ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 003.00 | 1 858.00 | 4 755.00 | 2 561.00 | 274.86 |
EBIT | 287.00 | 867.00 | 3 116.00 | 971.00 | -1 314.56 |
Net earnings | 215.00 | 670.00 | 2 429.00 | 740.00 | -1 325.14 |
Shareholders equity total | 713.00 | 1 272.00 | 3 389.00 | 3 014.00 | 1 319.17 |
Balance sheet total (assets) | 3 185.00 | 3 012.00 | 5 525.00 | 5 913.00 | 4 194.99 |
Net debt | - 198.00 | -1 513.00 | -1 928.00 | -1 122.00 | -1 147.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.5 % | 28.0 % | 73.2 % | 17.0 % | -25.9 % |
ROE | 32.6 % | 67.5 % | 104.2 % | 23.1 % | -61.2 % |
ROI | 42.7 % | 83.5 % | 131.3 % | 30.2 % | -60.0 % |
Economic value added (EVA) | 197.77 | 650.28 | 2 444.73 | 683.30 | -1 457.90 |
Solvency | |||||
Equity ratio | 22.4 % | 42.2 % | 61.3 % | 51.0 % | 31.4 % |
Gearing | 2.0 % | 5.7 % | 0.7 % | 0.7 % | 0.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 1.2 | 1.9 | 0.6 | 0.6 |
Current ratio | 1.2 | 1.7 | 2.6 | 2.0 | 1.4 |
Cash and cash equivalents | 212.00 | 1 585.00 | 1 951.00 | 1 142.00 | 1 154.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BB |
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