Nordic Living Concept ApS — Credit Rating and Financial Key Figures

CVR number: 28699131
Krogsagervej 50, Erritsø 7000 Fredericia
tel: 88271707

Credit rating

Company information

Official name
Nordic Living Concept ApS
Personnel
2 persons
Established
2005
Domicile
Erritsø
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Nordic Living Concept ApS

Nordic Living Concept ApS (CVR number: 28699131) is a company from FREDERICIA. The company recorded a gross profit of 1095.6 kDKK in 2024. The operating profit was 73.4 kDKK, while net earnings were 97.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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 Living Concept ApS's liquidity measured by quick ratio was 4.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit1 659.422 358.581 329.061 200.301 095.62
EBIT325.951 032.01137.41123.0873.45
Net earnings215.29792.7369.64121.0397.45
Shareholders equity total2 414.703 094.433 049.673 170.703 146.15
Balance sheet total (assets)4 401.205 402.954 359.594 506.284 354.85
Net debt302.66513.83563.05286.39-72.23
Profitability
EBIT-%
ROA9.1 %21.3 %3.0 %4.0 %3.2 %
ROE9.1 %28.8 %2.3 %3.9 %3.1 %
ROI11.9 %26.9 %3.5 %4.4 %3.5 %
Economic value added (EVA)136.60663.24-53.36-63.04- 100.22
Solvency
Equity ratio55.6 %57.9 %70.1 %70.4 %72.2 %
Gearing41.6 %38.7 %32.7 %27.8 %27.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.42.22.74.4
Current ratio2.92.66.36.28.3
Cash and cash equivalents701.48683.18433.49595.34922.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:3.17%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.2%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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