NORDICCO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDICCO A/S
NORDICCO A/S (CVR number: 36085118) is a company from FREDERICIA. The company recorded a gross profit of 10.3 mDKK in 2023. The operating profit was -203.7 kDKK, while net earnings were -284 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORDICCO A/S's liquidity measured by quick ratio was 2.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 311.49 | 2 682.33 | 4 398.60 | 7 513.82 | 10 254.74 |
EBIT | -1 004.85 | 950.13 | -1 719.31 | - 630.82 | - 203.68 |
Net earnings | -1 044.29 | 668.20 | -1 333.46 | - 582.81 | - 284.02 |
Shareholders equity total | 418.01 | 1 086.21 | 16 552.75 | 15 969.94 | 15 685.93 |
Balance sheet total (assets) | 3 117.27 | 4 348.57 | 21 082.04 | 21 160.56 | 20 064.20 |
Net debt | 2 014.16 | -55.65 | -9 245.94 | -1 941.06 | -4 993.45 |
Profitability | |||||
EBIT-% | |||||
ROA | -42.1 % | 26.3 % | -13.0 % | -3.0 % | -1.4 % |
ROE | -318.7 % | 88.8 % | -15.1 % | -3.6 % | -1.8 % |
ROI | -48.3 % | 39.8 % | -17.5 % | -3.8 % | -1.8 % |
Economic value added (EVA) | - 613.42 | 732.38 | -1 226.47 | - 843.32 | - 882.37 |
Solvency | |||||
Equity ratio | 13.4 % | 25.0 % | 78.5 % | 75.5 % | 78.2 % |
Gearing | 525.0 % | 114.4 % | 0.1 % | 0.2 % | 0.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 3.0 | 1.8 | 2.6 |
Current ratio | 1.9 | 1.4 | 3.8 | 3.2 | 3.9 |
Cash and cash equivalents | 180.41 | 1 297.81 | 9 261.20 | 1 977.97 | 5 012.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | A | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.