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NOR-TRADE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NOR-TRADE ApS
NOR-TRADE ApS (CVR number: 65210312) is a company from HELSINGØR. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a decline of -1.7 % compared to the previous year. The operating profit percentage was poor at -29.9 % (EBIT: -0.1 mDKK), while net earnings were 99.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.4 %, 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. NOR-TRADE 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 484.58 | 432.57 | 547.49 | 330.00 | 324.29 |
| Gross profit | 296.97 | 275.85 | 387.19 | 136.30 | 132.96 |
| EBIT | 136.57 | 92.75 | 205.93 | -79.01 | -96.82 |
| Net earnings | 39.97 | 113.57 | 58.78 | - 251.56 | 99.67 |
| Shareholders equity total | 2 608.52 | 2 609.09 | 2 553.47 | 2 301.92 | 2 279.58 |
| Balance sheet total (assets) | 5 587.24 | 5 557.51 | 5 516.85 | 4 822.39 | 4 806.07 |
| Net debt | 1 710.87 | 1 823.06 | 1 877.55 | -2 336.05 | -2 339.75 |
| Profitability | |||||
| EBIT-% | 28.2 % | 21.4 % | 37.6 % | -23.9 % | -29.9 % |
| ROA | 1.1 % | 2.6 % | 1.4 % | -0.9 % | 2.7 % |
| ROE | 1.5 % | 4.4 % | 2.3 % | -10.4 % | 4.4 % |
| ROI | 1.1 % | 2.7 % | 1.4 % | -0.9 % | 2.7 % |
| Economic value added (EVA) | - 150.77 | - 203.93 | - 112.48 | - 350.15 | - 314.12 |
| Solvency | |||||
| Equity ratio | 46.7 % | 46.9 % | 46.3 % | 47.7 % | 47.4 % |
| Gearing | 110.8 % | 108.3 % | 111.3 % | 106.8 % | 108.0 % |
| Relative net indebtedness % | 371.4 % | 449.8 % | 365.0 % | -689.3 % | -701.9 % |
| Liquidity | |||||
| Quick ratio | 0.4 | 0.4 | 0.4 | 1.9 | 1.9 |
| Current ratio | 0.4 | 0.4 | 0.4 | 1.9 | 1.9 |
| Cash and cash equivalents | 1 178.90 | 1 002.83 | 964.77 | 4 795.02 | 4 802.62 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 31.1 | 119.5 | 64.8 | 25.4 | |
| Net working capital % | -362.9 % | -415.1 % | -345.2 % | -715.4 % | -748.5 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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