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 6864.6 kDKK in 2024. The operating profit was -1532.3 kDKK, while net earnings were -1835.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.2 %, which can be considered poor and Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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 2.5 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 | |||||
Gross profit | 2 682.33 | 4 398.60 | 7 513.82 | 10 254.74 | 6 864.61 |
EBIT | 950.13 | -1 719.31 | - 630.82 | - 203.68 | -1 532.26 |
Net earnings | 668.20 | -1 333.46 | - 582.81 | - 284.02 | -1 835.06 |
Shareholders equity total | 1 086.21 | 16 552.75 | 15 969.94 | 15 685.93 | 13 855.24 |
Balance sheet total (assets) | 4 348.57 | 21 082.04 | 21 160.56 | 20 064.20 | 17 604.23 |
Net debt | -55.65 | -9 245.94 | -1 941.06 | -4 993.45 | -2 724.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.3 % | -13.0 % | -3.0 % | -1.4 % | -11.2 % |
ROE | 88.8 % | -15.1 % | -3.6 % | -1.8 % | -12.4 % |
ROI | 39.8 % | -17.5 % | -3.8 % | -1.8 % | -14.2 % |
Economic value added (EVA) | 613.04 | -1 354.10 | -1 309.47 | - 983.62 | -2 028.15 |
Solvency | |||||
Equity ratio | 25.0 % | 78.5 % | 75.5 % | 78.2 % | 78.7 % |
Gearing | 114.4 % | 0.1 % | 0.2 % | 0.1 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 3.0 | 1.8 | 2.6 | 2.5 |
Current ratio | 1.4 | 3.8 | 3.2 | 3.9 | 3.8 |
Cash and cash equivalents | 1 297.81 | 9 261.20 | 1 977.97 | 5 012.05 | 2 725.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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