NCT Offshore A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NCT Offshore A/S
NCT Offshore A/S (CVR number: 37474592) is a company from ODENSE. The company recorded a gross profit of 178.8 mDKK in 2024. The operating profit was 120.6 mDKK, while net earnings were 110.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. NCT Offshore A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 42 826.00 | 40 622.00 | 66 307.00 | 135 978.00 | 178 768.00 |
EBIT | 14 096.00 | 16 632.00 | 30 633.00 | 80 656.00 | 120 584.00 |
Net earnings | 17 500.00 | 17 131.00 | 25 636.00 | 76 000.00 | 110 074.00 |
Shareholders equity total | 59 791.00 | 71 922.00 | 141 791.00 | 212 791.00 | 317 865.00 |
Balance sheet total (assets) | 89 150.00 | 91 230.00 | 331 269.00 | 639 718.00 | 1 089 627.00 |
Net debt | 367 412.00 | 646 706.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 15.1 % | 18.4 % | 14.5 % | 17.4 % | 14.0 % |
ROE | 27.5 % | 26.0 % | 24.0 % | 42.9 % | 41.5 % |
ROI | 15.1 % | 18.4 % | 14.5 % | 18.3 % | 14.7 % |
Economic value added (EVA) | 10 714.63 | 13 627.50 | 27 018.92 | 74 183.61 | 93 957.02 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 42.5 % | 32.8 % |
Gearing | 178.8 % | 230.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | |||
Current ratio | 0.8 | 0.6 | |||
Cash and cash equivalents | 13 075.00 | 87 337.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | A |
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