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Norden Services ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Norden Services ApS
Norden Services ApS (CVR number: 39240920) is a company from GLADSAXE. The company recorded a gross profit of 15.7 mDKK in 2024. The operating profit was -1456 kDKK, while net earnings were -2015.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.1 %, which can be considered poor and Return on Equity (ROE) was -182.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Norden Services ApS's liquidity measured by quick ratio was 0.5 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 | 2 107.86 | 9 576.91 | 14 105.83 | 18 168.20 | 15 735.25 |
| EBIT | - 945.02 | 1 168.48 | -1 297.49 | -22.18 | -1 456.02 |
| Net earnings | - 950.48 | 1 098.75 | -1 332.49 | -20.98 | -2 015.36 |
| Shareholders equity total | 571.18 | 1 669.94 | 337.44 | 316.46 | -1 698.91 |
| Balance sheet total (assets) | 1 514.54 | 5 174.86 | 3 272.61 | 5 474.26 | 1 892.79 |
| Net debt | -1 249.22 | -2 553.16 | - 306.71 | -16.53 | 922.65 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -42.4 % | 34.9 % | -30.8 % | -0.5 % | -32.1 % |
| ROE | -90.8 % | 98.1 % | -132.8 % | -6.4 % | -182.4 % |
| ROI | -90.2 % | 78.6 % | -87.6 % | -3.8 % | -181.9 % |
| Economic value added (EVA) | -1 021.48 | 1 093.45 | -1 396.61 | -50.64 | -1 591.52 |
| Solvency | |||||
| Equity ratio | 37.7 % | 32.3 % | 10.3 % | 5.8 % | -47.3 % |
| Gearing | 12.9 % | 67.8 % | 71.5 % | -62.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.7 | 1.1 | 1.1 | 0.5 |
| Current ratio | 1.6 | 1.7 | 1.1 | 1.1 | 0.5 |
| Cash and cash equivalents | 1 249.22 | 2 768.63 | 535.50 | 242.90 | 135.31 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | C | C | C |
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