NORDIC TRANSPORT GROUP A/S
Credit rating
Company information
About NORDIC TRANSPORT GROUP A/S
NORDIC TRANSPORT GROUP A/S (CVR number: 36471573) is a company from HVIDOVRE. The company recorded a gross profit of -41 kDKK in 2023. The operating profit was -41 kDKK, while net earnings were 105.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10 838.00 | 9 248.00 | - 975.00 | -5 153.00 | -41.00 |
EBIT | -14 780.00 | 9 216.00 | - 975.00 | -5 153.00 | -41.00 |
Net earnings | 1 182 839.00 | -32 990.00 | 130 759.00 | 205 819.00 | 105 245.00 |
Shareholders equity total | 1 327 167.00 | 110 323.00 | 188 012.00 | 310 982.00 | 364 924.00 |
Balance sheet total (assets) | 1 432 796.00 | 260 682.00 | 362 289.00 | 985 294.00 | 893 693.00 |
Net debt | 639 143.00 | 487 599.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -1.7 % | 1.1 % | -0.3 % | 34.1 % | 14.2 % |
ROE | 163.2 % | -4.6 % | 87.7 % | 82.5 % | 31.1 % |
ROI | -1.7 % | 1.1 % | -0.3 % | 34.2 % | 14.3 % |
Economic value added (EVA) | -20 952.01 | -57 474.14 | -6 518.73 | -13 448.12 | 33 275.72 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 30.7 % | 39.2 % |
Gearing | 205.5 % | 133.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | |||
Current ratio | 0.0 | 0.0 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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