Nordic Lawn ApS — Credit Rating and Financial Key Figures

CVR number: 34901244
Drejergangen 1 C, 2690 Karlslunde

Credit rating

Company information

Official name
Nordic Lawn ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry

About Nordic Lawn ApS

Nordic Lawn ApS (CVR number: 34901244) is a company from GREVE. The company recorded a gross profit of 1663.6 kDKK in 2024. The operating profit was 361.6 kDKK, while net earnings were 287.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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 Lawn ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 427.452 428.872 757.542 283.071 663.64
EBIT1 696.691 760.191 542.201 245.64361.64
Net earnings1 289.591 355.43947.19937.35287.74
Shareholders equity total2 116.402 471.832 947.193 484.543 272.27
Balance sheet total (assets)3 549.874 513.564 713.084 996.214 412.88
Net debt-1 429.43341.14-30.89- 765.41484.32
Profitability
EBIT-%
ROA62.8 %44.2 %33.6 %25.7 %9.2 %
ROE80.1 %59.1 %35.0 %29.1 %8.5 %
ROI105.3 %72.3 %51.6 %34.0 %10.8 %
Economic value added (EVA)1 260.791 266.441 059.15809.4073.00
Solvency
Equity ratio59.6 %70.7 %62.5 %69.7 %74.2 %
Gearing13.8 %8.2 %18.5 %18.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.40.61.41.0
Current ratio2.42.22.73.33.3
Cash and cash equivalents1 429.43271.561 410.60132.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.19%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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