N. Nordendorff ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 232.03 | 33.52 | 1 073.98 | 985.22 | - 356.49 |
EBIT | -2 027.86 | -2 560.44 | - 695.64 | - 509.63 | -2 461.35 |
Net earnings | - 248.41 | 64.45 | 1 817.61 | 164.76 | 272.81 |
Shareholders equity total | 5 358.15 | 5 311.99 | 4 129.60 | 4 179.96 | 3 902.77 |
Balance sheet total (assets) | 8 307.19 | 7 420.23 | 6 230.57 | 7 180.35 | 5 476.05 |
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 ratio | 64.5 % | 71.6 % | 66.3 % | 58.2 % | 71.3 % |
Gearing | 20.0 % | 13.2 % | 9.7 % | 28.1 % | 7.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 2.9 | 3.2 | 1.6 | 4.0 |
Current ratio | 0.7 | 2.9 | 3.2 | 1.6 | 4.0 |
Cash and cash equivalents | 1 692.09 | 5 029.56 | 5 277.11 | 4 154.53 | 4 969.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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