Nordic Garment Lab ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Garment Lab ApS
Nordic Garment Lab ApS (CVR number: 39866463) is a company from FREDERICIA. The company recorded a gross profit of -33.2 kDKK in 2024. The operating profit was -33.2 kDKK, while net earnings were -83.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -27.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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 Garment Lab ApS's liquidity measured by quick ratio was 1.9 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 | 39.20 | ||||
Gross profit | -11.16 | -87.76 | -99.09 | -37.20 | -33.15 |
EBIT | -11.16 | -87.76 | -99.09 | -39.65 | -33.15 |
Net earnings | -42.15 | - 125.49 | - 143.90 | - 105.74 | -83.82 |
Shareholders equity total | -97.07 | - 222.56 | - 366.46 | - 472.20 | 141.58 |
Balance sheet total (assets) | 464.09 | 508.92 | 464.73 | 467.53 | 457.98 |
Net debt | 559.43 | 260.25 | 827.79 | 935.63 | 312.25 |
Profitability | |||||
EBIT-% | -28.5 % | ||||
ROA | -2.1 % | -13.6 % | -12.7 % | -4.5 % | -4.7 % |
ROE | -9.5 % | -25.8 % | -29.6 % | -22.7 % | -27.5 % |
ROI | -2.2 % | -21.4 % | -18.2 % | -4.5 % | -4.8 % |
Economic value added (EVA) | -30.78 | - 110.99 | - 100.98 | -62.83 | -56.44 |
Solvency | |||||
Equity ratio | -17.3 % | -30.4 % | -44.1 % | -50.2 % | 30.9 % |
Gearing | -576.3 % | -116.9 % | -225.9 % | -198.1 % | 220.5 % |
Relative net indebtedness % | 1431.5 % | ||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.0 | 1.9 |
Current ratio | 0.8 | 0.7 | 1.4 | 1.4 | 70.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 64.5 | ||||
Net working capital % | -247.6 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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