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: 42462594) is a company from HEDENSTED. The company recorded a gross profit of 7227 kDKK in 2024. The operating profit was -795 kDKK, while net earnings were -1170 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.5 %, 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 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit4 410.007 271.007 227.00
EBIT-4 623.0059.00121.00- 795.00
Net earnings-2 576.002 395.00-1 750.00-1 170.00
Shareholders equity total93 130.0095 525.0093 775.00118 221.00
Balance sheet total (assets)209 922.00201 657.00190 898.00209 337.00
Net debt113 812.00103 571.0094 996.0089 488.00
Profitability
EBIT-%
ROA0.0 %2.4 %2.0 %2.6 %
ROE-2.8 %2.5 %-1.8 %-1.1 %
ROI0.0 %2.4 %2.1 %2.6 %
Economic value added (EVA)-4 144.03-10 412.51-9 919.13-10 220.13
Solvency
Equity ratio44.4 %47.4 %49.1 %56.5 %
Gearing123.5 %108.6 %101.4 %75.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.20.10.4
Current ratio1.20.20.10.4
Cash and cash equivalents1 188.00178.0077.0096.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:2.57%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.5%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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