Nordic III Aarhus ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic III Aarhus ApS
Nordic III Aarhus ApS (CVR number: 34551693) is a company from KØBENHAVN. The company recorded a gross profit of 14.6 mDKK in 2024. The operating profit was 11.8 mDKK, while net earnings were 2853.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 12 998.50 | 14 145.96 | 13 956.59 | 13 693.50 | 14 646.52 |
EBIT | 10 637.22 | 15 802.74 | 11 325.86 | 14 037.78 | 11 790.80 |
Net earnings | 4 225.18 | 8 510.85 | 4 981.69 | 5 960.47 | 2 853.56 |
Shareholders equity total | 70 124.72 | 70 659.77 | 67 541.46 | 64 605.01 | 57 598.99 |
Balance sheet total (assets) | 246 376.12 | 248 655.71 | 246 950.16 | 247 083.08 | 243 289.32 |
Net debt | 155 075.27 | 154 551.03 | 153 381.25 | 152 837.61 | 155 753.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.3 % | 6.4 % | 4.6 % | 5.8 % | 5.1 % |
ROE | 5.9 % | 12.1 % | 7.2 % | 9.0 % | 4.7 % |
ROI | 4.3 % | 6.4 % | 4.6 % | 5.9 % | 5.2 % |
Economic value added (EVA) | -4 552.68 | 49.39 | -3 676.52 | -1 593.29 | - 344.96 |
Solvency | |||||
Equity ratio | 28.5 % | 28.4 % | 27.4 % | 26.1 % | 23.7 % |
Gearing | 233.5 % | 231.7 % | 242.5 % | 253.3 % | 288.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.2 | 7.6 | 7.6 | 4.1 | 2.8 |
Current ratio | 5.2 | 7.6 | 7.6 | 4.1 | 2.8 |
Cash and cash equivalents | 8 643.34 | 9 202.06 | 10 406.31 | 10 823.43 | 10 143.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | A |
Variable visualization
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