Nordic WET ApS

CVR number: 39551136
Ledøjetoften 47 D, Ledøje 2765 Smørum
ddh@nordicwet.dk
tel: 22625264
www.nordicwet.dk

Credit rating

Company information

Official name
Nordic WET ApS
Personnel
1 person
Established
2018
Domicile
Ledøje
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Nordic WET ApS

Nordic WET ApS (CVR number: 39551136) is a company from EGEDAL. The company recorded a gross profit of 1621.1 kDKK in 2023. The operating profit was 411.4 kDKK, while net earnings were 308.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.3 %, which can be considered excellent and Return on Equity (ROE) was 96.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Nordic WET ApS's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit446.51611.01791.211 060.731 621.14
EBIT44.91-4.17210.07286.88411.36
Net earnings32.99-7.80157.38211.55308.63
Shareholders equity total69.6861.88219.25230.80409.43
Balance sheet total (assets)217.62365.05528.90822.82953.69
Net debt- 126.43- 184.97-29.91- 221.07- 390.43
Profitability
EBIT-%
ROA24.6 %-1.4 %47.0 %42.4 %46.3 %
ROE62.0 %-11.9 %112.0 %94.0 %96.4 %
ROI37.4 %-3.4 %105.9 %75.9 %79.4 %
Economic value added (EVA)34.781.62169.26210.37312.13
Solvency
Equity ratio32.0 %17.0 %41.5 %28.0 %42.9 %
Gearing78.9 %92.4 %26.1 %107.7 %36.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.71.41.8
Current ratio1.41.21.71.41.8
Cash and cash equivalents181.43242.1787.11469.66537.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:46.3%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.9%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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