Nordic Recycling Systems Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Recycling Systems Group A/S
Nordic Recycling Systems Group A/S (CVR number: 43357751) is a company from NÆSTVED. The company recorded a gross profit of -242.7 kDKK in 2024. The operating profit was -928.4 kDKK, while net earnings were 3109.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.3 %, which can be considered excellent and Return on Equity (ROE) was 74 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. Nordic Recycling Systems Group A/S's liquidity measured by quick ratio was 0.7 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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 420.47 | -1 315.43 | - 242.69 |
EBIT | - 528.66 | -1 998.18 | - 928.43 |
Net earnings | 2 265.22 | - 298.80 | 3 109.48 |
Shareholders equity total | 3 265.22 | 2 762.71 | 5 637.00 |
Balance sheet total (assets) | 4 396.29 | 7 679.54 | 14 254.98 |
Net debt | 854.99 | 4 359.97 | 8 035.75 |
Profitability | |||
EBIT-% | |||
ROA | 48.9 % | -12.2 % | 28.3 % |
ROE | 69.4 % | -9.9 % | 74.0 % |
ROI | 50.5 % | -12.8 % | 29.3 % |
Economic value added (EVA) | - 412.36 | -1 772.46 | -1 090.47 |
Solvency | |||
Equity ratio | 74.3 % | 36.0 % | 39.5 % |
Gearing | 30.1 % | 161.7 % | 147.3 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.5 | 0.6 | 0.7 |
Current ratio | 0.5 | 0.6 | 0.7 |
Cash and cash equivalents | 128.36 | 106.02 | 265.20 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BB | BBB |
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