Nordtech-Vetec A/S — Credit Rating and Financial Key Figures

CVR number: 18175509
Teknikvej 69, Hjallese 5260 Odense S
tel: 65919802

Company information

Official name
Nordtech-Vetec A/S
Personnel
24 persons
Established
1994
Domicile
Hjallese
Company form
Limited company
Industry

About Nordtech-Vetec A/S

Nordtech-Vetec A/S (CVR number: 18175509) is a company from ODENSE. The company recorded a gross profit of 25.7 mDKK in 2024. The operating profit was 7462.5 kDKK, while net earnings were 6514.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.7 %, which can be considered excellent and Return on Equity (ROE) was 50.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordtech-Vetec A/S'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit12 477.4814 317.6613 685.3017 378.7325 684.69
EBIT4 369.593 323.642 493.804 087.047 462.49
Net earnings3 272.982 983.031 841.293 738.366 514.72
Shareholders equity total16 001.626 984.658 825.938 624.7017 125.14
Balance sheet total (assets)29 393.9725 510.3532 035.8831 573.7643 465.06
Net debt2 798.982 298.8812 900.7513 377.5714 991.05
Profitability
EBIT-%
ROA16.5 %14.5 %10.4 %17.9 %24.7 %
ROE22.8 %26.0 %23.3 %42.8 %50.6 %
ROI23.2 %25.9 %17.3 %24.7 %34.1 %
Economic value added (EVA)2 757.971 806.991 657.062 921.145 557.88
Solvency
Equity ratio54.4 %31.3 %27.6 %27.3 %39.4 %
Gearing20.7 %36.9 %172.3 %156.0 %88.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.20.70.60.9
Current ratio2.21.30.90.81.2
Cash and cash equivalents510.17277.412 309.4573.4298.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:24.7%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.4%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.