Nordic Panels A/S — Credit Rating and Financial Key Figures

CVR number: 41059176
Skansebakken 13, 8400 Ebeltoft
tel: 61612080

Company information

Official name
Nordic Panels A/S
Personnel
11 persons
Established
2020
Company form
Limited company
Industry

About Nordic Panels A/S

Nordic Panels A/S (CVR number: 41059176) is a company from SYDDJURS. The company recorded a gross profit of 5561.4 kDKK in 2023. The operating profit was 1683.5 kDKK, while net earnings were 1391 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.4 %, 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 Panels A/S's liquidity measured by quick ratio was 2.3 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
2020
2021
2022
2023
Volume
Net sales
Gross profit3 173.736 876.295 718.905 561.39
EBIT1 554.583 502.473 093.191 683.55
Net earnings1 196.142 640.142 362.461 391.03
Shareholders equity total1 236.143 763.286 125.736 316.76
Balance sheet total (assets)4 704.7615 464.389 041.3311 199.46
Net debt-3 987.582 255.16-3 962.62-2 260.33
Profitability
EBIT-%
ROA33.2 %34.7 %25.5 %17.8 %
ROE96.8 %105.6 %47.8 %22.4 %
ROI125.5 %70.9 %42.2 %28.7 %
Economic value added (EVA)1 209.362 862.942 343.981 202.05
Solvency
Equity ratio27.6 %24.3 %67.8 %56.4 %
Gearing126.2 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.02.32.3
Current ratio1.31.32.82.3
Cash and cash equivalents3 987.582 492.864 022.562 260.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.4%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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