Nordic III Aarhus ApS — Credit Rating and Financial Key Figures

CVR number: 34551693
Meldahlsgade 5, 1613 København V

Company information

Official name
Nordic III Aarhus ApS
Established
2012
Company form
Private limited company
Industry

About Nordic III Aarhus ApS

Nordic III Aarhus ApS (CVR number: 34551693) is a company from KØBENHAVN. The company recorded a gross profit of 13.7 mDKK in 2023. The operating profit was 14 mDKK, while net earnings were 5960.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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 III Aarhus ApS'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 profit14 635.0012 998.5014 145.9613 956.5913 693.50
EBIT15 441.5810 637.2215 802.7411 325.8614 037.78
Net earnings8 112.184 225.188 510.854 981.695 960.47
Shareholders equity total73 455.0570 124.7270 659.7767 541.4664 605.01
Balance sheet total (assets)249 378.23246 376.12248 655.71246 950.16247 083.08
Net debt154 303.80155 075.27154 551.03153 381.25152 837.61
Profitability
EBIT-%
ROA6.3 %4.3 %6.4 %4.6 %5.8 %
ROE11.3 %5.9 %12.1 %7.2 %9.0 %
ROI6.3 %4.3 %6.4 %4.6 %5.9 %
Economic value added (EVA)5 134.181 087.572 774.80-2 574.30- 366.59
Solvency
Equity ratio29.5 %28.5 %28.4 %27.4 %26.1 %
Gearing222.8 %233.5 %231.7 %242.5 %253.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.85.27.67.64.1
Current ratio3.85.27.67.64.1
Cash and cash equivalents9 380.348 643.349 202.0610 406.3110 823.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:5.80%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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