NORDIC GROUP ApS — Credit Rating and Financial Key Figures

CVR number: 26672945
Nygade 6, 1164 København K

Company information

Official name
NORDIC GROUP ApS
Established
2002
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales1 871.931 167.831 549.28729.221 826.07
Gross profit1 874.051 245.271 328.20799.512 239.21
EBIT1 874.051 245.271 328.20794.532 234.13
Net earnings1 884.381 243.491 086.09724.102 165.67
Shareholders equity total4 413.405 548.896 524.386 498.488 549.74
Balance sheet total (assets)5 326.477 138.448 078.627 288.9910 701.62
Net debt151.66962.30963.79- 298.381 637.32
Profitability
EBIT-%100.1 %106.6 %85.7 %109.0 %122.3 %
ROA45.4 %20.0 %17.5 %10.3 %25.2 %
ROE53.5 %25.0 %18.0 %11.1 %28.8 %
ROI51.7 %22.2 %18.7 %11.0 %26.6 %
Economic value added (EVA)1 981.371 395.501 312.791 003.242 219.56
Solvency
Equity ratio82.9 %77.7 %80.8 %89.2 %79.9 %
Gearing4.5 %19.1 %16.6 %4.9 %19.6 %
Relative net indebtedness %46.2 %127.8 %92.7 %24.1 %115.6 %
Liquidity
Quick ratio1.70.70.81.70.6
Current ratio1.70.70.81.70.6
Cash and cash equivalents49.0996.71118.65614.9740.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %16.5 %-33.5 %-13.5 %78.6 %-46.4 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:25.2%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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