NORDFYNS ERHVERVSSELSKAB A/S — Credit Rating and Financial Key Figures

CVR number: 20885742
Adelgade 60, 5400 Bogense

Credit rating

Company information

Official name
NORDFYNS ERHVERVSSELSKAB A/S
Established
1998
Company form
Limited company
Industry

About NORDFYNS ERHVERVSSELSKAB A/S

NORDFYNS ERHVERVSSELSKAB A/S (CVR number: 20885742) is a company from NORDFYNS. The company recorded a gross profit of 142.7 kDKK in 2023. The operating profit was 112.1 kDKK, while net earnings were 87.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDFYNS ERHVERVSSELSKAB A/S's liquidity measured by quick ratio was 4.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit138.3594.97177.34137.69142.73
EBIT107.7364.35146.72107.08112.11
Net earnings97.9010.6499.0381.0887.39
Shareholders equity total1 583.341 593.981 693.021 774.101 861.49
Balance sheet total (assets)2 183.482 177.452 205.791 993.252 094.77
Net debt- 151.82- 232.51- 348.06- 479.21- 611.18
Profitability
EBIT-%
ROA5.0 %3.0 %6.7 %5.1 %5.5 %
ROE6.4 %0.7 %6.0 %4.7 %4.8 %
ROI5.4 %3.2 %7.2 %5.5 %6.0 %
Economic value added (EVA)36.38-21.0141.7931.6122.11
Solvency
Equity ratio72.5 %73.2 %76.8 %89.0 %88.9 %
Gearing27.0 %23.2 %18.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.71.53.44.1
Current ratio2.52.71.53.44.1
Cash and cash equivalents578.66602.77661.65479.21611.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.53%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.9%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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