Nordic Cities PropCo A ApS — Credit Rating and Financial Key Figures

CVR number: 36447257
Vestre Ringgade 26, 8000 Aarhus C

Company information

Official name
Nordic Cities PropCo A ApS
Established
2014
Company form
Private limited company
Industry

About Nordic Cities PropCo A ApS

Nordic Cities PropCo A ApS (CVR number: 36447257) is a company from AARHUS. The company reported a net sales of 25.5 mDKK in 2024, demonstrating a decline of -11.2 % compared to the previous year. The operating profit percentage was at 44.8 % (EBIT: 11.4 mDKK), while net earnings were -6888 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -27.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Cities PropCo A 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales25 567.0024 984.0025 535.0028 735.0025 516.00
Gross profit20 351.0019 241.0020 380.0017 356.0020 732.00
EBIT-5 911.009 945.0011 083.00-15 833.0011 435.00
Net earnings-14 302.00-2 338.00-1 912.00-23 092.00-6 888.00
Shareholders equity total56 025.0053 687.0051 775.0028 683.0021 795.00
Balance sheet total (assets)519 384.00515 025.00518 944.00503 897.00489 216.00
Net debt430 820.00428 656.00420 436.00414 127.00414 450.00
Profitability
EBIT-%-23.1 %39.8 %43.4 %-55.1 %44.8 %
ROA-1.1 %1.9 %2.1 %-3.1 %2.4 %
ROE-22.6 %-4.3 %-3.6 %-57.4 %-27.3 %
ROI-1.1 %2.0 %2.2 %-3.1 %2.4 %
Economic value added (EVA)-31 163.90-14 843.14-12 191.16-38 791.79-15 000.56
Solvency
Equity ratio11.0 %10.4 %10.0 %5.7 %4.5 %
Gearing799.8 %834.4 %877.3 %1605.6 %2097.8 %
Relative net indebtedness %1744.9 %1769.3 %1646.5 %1441.2 %1624.3 %
Liquidity
Quick ratio3.82.16.52.02.8
Current ratio1.52.16.52.02.8
Cash and cash equivalents17 253.0019 300.0033 801.0046 418.0042 760.00
Capital use efficiency
Trade debtors turnover (days)2.4
Net working capital %32.4 %60.1 %135.0 %79.2 %135.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.38%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.46%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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