N. Nordendorff ApS — Credit Rating and Financial Key Figures

CVR number: 32262619
Bangsbovej 19, 9200 Aalborg SV
niels@nordendorff.dk

Credit rating

Company information

Official name
N. Nordendorff ApS
Personnel
2 persons
Established
2009
Company form
Private limited company
Industry

About N. Nordendorff ApS

N. Nordendorff ApS (CVR number: 32262619) is a company from AALBORG. The company recorded a gross profit of -356.5 kDKK in 2023. The operating profit was -2461.4 kDKK, while net earnings were 272.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 71.3 %, 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. N. Nordendorff ApS's liquidity measured by quick ratio was 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 232.0333.521 073.98985.22- 356.49
EBIT-2 027.86-2 560.44- 695.64- 509.63-2 461.35
Net earnings- 248.4164.451 817.61164.76272.81
Shareholders equity total5 358.155 311.994 129.604 179.963 902.77
Balance sheet total (assets)8 307.197 420.236 230.577 180.355 476.05
Net debt- 618.24-4 325.94-4 876.53-2 980.37-4 669.69
Profitability
EBIT-%
ROA-1.9 %3.1 %36.5 %20.6 %8.1 %
ROE-4.5 %1.2 %38.5 %4.0 %6.8 %
ROI-2.2 %3.7 %44.2 %25.7 %9.9 %
Economic value added (EVA)-2 299.28-2 927.10- 810.88- 765.88-2 917.08
Solvency
Equity ratio64.5 %71.6 %66.3 %58.2 %71.3 %
Gearing20.0 %13.2 %9.7 %28.1 %7.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.72.93.21.64.0
Current ratio0.72.93.21.64.0
Cash and cash equivalents1 692.095 029.565 277.114 154.534 969.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.10%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.3%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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