Nordic Technology Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Technology Group ApS
Nordic Technology Group ApS (CVR number: 40338217) is a company from Brønderslev. The company recorded a gross profit of -2.6 kDKK in 2023. The operating profit was -2.6 kDKK, while net earnings were -7.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -15.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, 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. Nordic Technology Group ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -17.24 | - 333.11 | - 144.15 | -32.73 | -2.56 |
EBIT | -17.24 | - 333.11 | - 144.15 | -32.73 | -2.56 |
Net earnings | -13.52 | - 343.90 | - 117.40 | -16.59 | -7.15 |
Shareholders equity total | 136.48 | 42.58 | 65.18 | 48.59 | 41.44 |
Balance sheet total (assets) | 165.57 | 109.41 | 136.16 | 137.51 | 138.07 |
Net debt | 4.09 | 1.51 | 1.51 | 1.51 | 1.51 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.4 % | -291.1 % | -121.3 % | -13.4 % | -1.9 % |
ROE | -9.9 % | -384.1 % | -217.9 % | -29.2 % | -15.9 % |
ROI | -12.3 % | -326.7 % | -159.8 % | -27.7 % | -5.5 % |
Economic value added (EVA) | -13.45 | - 279.77 | - 114.24 | -29.56 | -4.82 |
Solvency | |||||
Equity ratio | 82.4 % | 38.9 % | 47.9 % | 35.3 % | 30.0 % |
Gearing | 3.0 % | 3.5 % | 2.3 % | 3.1 % | 3.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 15.2 | 2.3 | 1.6 | 1.4 |
Current ratio | 3.0 | 15.2 | 2.3 | 1.6 | 1.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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