Nordic Grid Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 42462594
Bjørnkærvej 3, 8783 Hornsyld

Company information

Official name
Nordic Grid Solutions ApS
Personnel
10 persons
Established
2021
Company form
Private limited company
Industry

About Nordic Grid Solutions ApS

Nordic Grid Solutions ApS (CVR number: 42462594K) is a company from HEDENSTED. The company recorded a gross profit of 57.3 mDKK in 2024. The operating profit was 9871 kDKK, while net earnings were -1170 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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 Grid Solutions ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit41 815.0028 517.0052 696.0057 324.00
EBIT5 940.007 433.008 071.009 871.00
Net earnings-2 576.002 396.00-1 751.00-1 170.00
Shareholders equity total93 130.0095 526.0093 774.00118 230.00
Balance sheet total (assets)261 615.00242 732.00219 536.00248 855.00
Net debt110 401.0089 181.0082 313.0068 618.00
Profitability
EBIT-%
ROA2.4 %3.3 %3.8 %4.5 %
ROE-2.8 %2.5 %-1.8 %-1.1 %
ROI3.0 %4.0 %4.6 %5.3 %
Economic value added (EVA)4 217.40-5 181.10-4 345.07-2 409.14
Solvency
Equity ratio35.6 %39.4 %42.7 %47.5 %
Gearing123.5 %108.6 %97.7 %75.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.80.30.9
Current ratio1.61.60.51.8
Cash and cash equivalents4 599.0014 568.009 279.0021 085.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:4.49%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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