NCT Offshore A/S — Credit Rating and Financial Key Figures

CVR number: 37474592
Middelfartvej 228, Stegsted 5200 Odense V

Credit rating

Company information

Official name
NCT Offshore A/S
Personnel
66 persons
Established
2016
Domicile
Stegsted
Company form
Limited company
Industry
  • Expand more icon50Water transport

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit42 826.0040 622.0066 307.00135 978.00178 768.00
EBIT14 096.0016 632.0030 633.0080 656.00120 584.00
Net earnings17 500.0017 131.0025 636.0076 000.00110 074.00
Shareholders equity total59 791.0071 922.00141 791.00212 791.00317 865.00
Balance sheet total (assets)89 150.0091 230.00331 269.00639 718.001 089 627.00
Net debt367 412.00646 706.00
Profitability
EBIT-%
ROA15.1 %18.4 %14.5 %17.4 %14.0 %
ROE27.5 %26.0 %24.0 %42.9 %41.5 %
ROI15.1 %18.4 %14.5 %18.3 %14.7 %
Economic value added (EVA)10 714.6313 627.5027 018.9274 183.6193 957.02
Solvency
Equity ratio100.0 %100.0 %100.0 %42.5 %32.8 %
Gearing178.8 %230.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.6
Current ratio0.80.6
Cash and cash equivalents13 075.0087 337.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.8%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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