NORDIC TRANSPORT GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC TRANSPORT GROUP A/S
NORDIC TRANSPORT GROUP A/S (CVR number: 36471573K) is a company from HVIDOVRE. The company reported a net sales of 2896.2 mDKK in 2017, demonstrating a growth of 35.7 % compared to the previous year. The operating profit percentage was at 5.4 % (EBIT: 156.4 mDKK), while net earnings were 111.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 123.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.4 %, 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 TRANSPORT GROUP A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2014 | 2015 | 2016 | 2017 | |
---|---|---|---|---|
Volume | ||||
Net sales | 4.95 | 1 711.86 | 2 134.50 | 2 896.18 |
Gross profit | 0.57 | 226.05 | 300.65 | 545.96 |
EBIT | 0.10 | 32.08 | 68.40 | 156.43 |
Net earnings | 0.12 | 44.01 | 73.83 | 111.46 |
Shareholders equity total | 13.41 | 49.51 | 88.20 | 157.56 |
Balance sheet total (assets) | 287.69 | 447.70 | 561.28 | 771.38 |
Net debt | -48.67 | - 110.77 | - 177.09 | - 100.97 |
Profitability | ||||
EBIT-% | 2.0 % | 1.9 % | 3.2 % | 5.4 % |
ROA | 0.0 % | 12.0 % | 14.6 % | 23.6 % |
ROE | 0.9 % | 139.9 % | 107.2 % | 123.8 % |
ROI | 0.0 % | 11.0 % | 12.9 % | 35.5 % |
Economic value added (EVA) | 0.10 | 31.41 | 65.91 | 112.83 |
Solvency | ||||
Equity ratio | 49.9 % | 50.0 % | 50.0 % | 20.4 % |
Gearing | 47.6 % | |||
Relative net indebtedness % | -1254.8 % | -9.4 % | -12.4 % | 15.1 % |
Liquidity | ||||
Quick ratio | -17.3 | -7.8 | -5.7 | 1.1 |
Current ratio | -17.3 | -7.8 | -5.7 | 1.1 |
Cash and cash equivalents | 48.67 | 110.77 | 177.09 | 175.91 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 55.9 | |||
Net working capital % | 4959.6 % | 25.5 % | 27.8 % | 2.3 % |
Credit risk | ||||
Credit rating | BBB | BBB | BBB | A |
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