NORD ENERGI NET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORD ENERGI NET A/S
NORD ENERGI NET A/S (CVR number: 25399269) is a company from HJØRRING. The company reported a net sales of 206.3 mDKK in 2024, demonstrating a growth of 7.4 % compared to the previous year. The operating profit percentage was at 15.9 % (EBIT: 32.7 mDKK), while net earnings were 32.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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. NORD ENERGI NET A/S's liquidity measured by quick ratio was 2.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 171.33 | 156.97 | 163.40 | 192.01 | 206.26 |
Gross profit | 124.53 | 92.19 | 65.46 | 126.24 | 137.06 |
EBIT | 25.58 | -9.17 | -35.11 | 27.15 | 32.73 |
Net earnings | 20.62 | -4.56 | -24.64 | 28.39 | 32.69 |
Shareholders equity total | 1 259.02 | 1 254.46 | 1 229.83 | 1 258.22 | 1 290.91 |
Balance sheet total (assets) | 1 693.46 | 1 708.14 | 1 697.51 | 1 770.23 | 1 857.54 |
Net debt | - 316.12 | - 310.04 | |||
Profitability | |||||
EBIT-% | 14.9 % | -5.8 % | -21.5 % | 14.1 % | 15.9 % |
ROA | 1.5 % | -0.5 % | -2.1 % | 2.1 % | 2.3 % |
ROE | 1.7 % | -0.4 % | -2.0 % | 2.3 % | 2.6 % |
ROI | 1.5 % | -0.5 % | -2.1 % | 2.4 % | 3.2 % |
Economic value added (EVA) | -36.65 | -72.43 | -98.15 | -40.52 | -20.58 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 69.4 % | 67.8 % |
Gearing | 1.8 % | 2.0 % | |||
Relative net indebtedness % | 90.2 % | 112.2 % | |||
Liquidity | |||||
Quick ratio | 3.5 | 2.8 | |||
Current ratio | 3.5 | 2.8 | |||
Cash and cash equivalents | 338.75 | 335.31 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 40.5 | 59.8 | |||
Net working capital % | 151.2 % | 129.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AA |
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