NORDIC GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC GROUP ApS
NORDIC GROUP ApS (CVR number: 26672945) is a company from KØBENHAVN. The company reported a net sales of 1.8 mDKK in 2022, demonstrating a growth of 150.4 % compared to the previous year. The operating profit percentage was at 122.3 % (EBIT: 2.2 mDKK), while net earnings were 2165.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.2 %, which can be considered excellent and Return on Equity (ROE) was 28.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.9 %, 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. NORDIC GROUP ApS'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 871.93 | 1 167.83 | 1 549.28 | 729.22 | 1 826.07 |
Gross profit | 1 874.05 | 1 245.27 | 1 328.20 | 799.51 | 2 239.21 |
EBIT | 1 874.05 | 1 245.27 | 1 328.20 | 794.53 | 2 234.13 |
Net earnings | 1 884.38 | 1 243.49 | 1 086.09 | 724.10 | 2 165.67 |
Shareholders equity total | 4 413.40 | 5 548.89 | 6 524.38 | 6 498.48 | 8 549.74 |
Balance sheet total (assets) | 5 326.47 | 7 138.44 | 8 078.62 | 7 288.99 | 10 701.62 |
Net debt | 151.66 | 962.30 | 963.79 | - 298.38 | 1 637.32 |
Profitability | |||||
EBIT-% | 100.1 % | 106.6 % | 85.7 % | 109.0 % | 122.3 % |
ROA | 45.4 % | 20.0 % | 17.5 % | 10.3 % | 25.2 % |
ROE | 53.5 % | 25.0 % | 18.0 % | 11.1 % | 28.8 % |
ROI | 51.7 % | 22.2 % | 18.7 % | 11.0 % | 26.6 % |
Economic value added (EVA) | 1 981.37 | 1 395.50 | 1 312.79 | 1 003.24 | 2 219.56 |
Solvency | |||||
Equity ratio | 82.9 % | 77.7 % | 80.8 % | 89.2 % | 79.9 % |
Gearing | 4.5 % | 19.1 % | 16.6 % | 4.9 % | 19.6 % |
Relative net indebtedness % | 46.2 % | 127.8 % | 92.7 % | 24.1 % | 115.6 % |
Liquidity | |||||
Quick ratio | 1.7 | 0.7 | 0.8 | 1.7 | 0.6 |
Current ratio | 1.7 | 0.7 | 0.8 | 1.7 | 0.6 |
Cash and cash equivalents | 49.09 | 96.71 | 118.65 | 614.97 | 40.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 16.5 % | -33.5 % | -13.5 % | 78.6 % | -46.4 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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