NORD ENERGI NET A/S — Credit Rating and Financial Key Figures

CVR number: 25399269
Ørstedsvej 2, 9800 Hjørring

Company information

Official name
NORD ENERGI NET A/S
Personnel
41 persons
Established
2000
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales171.33156.97163.40192.01206.26
Gross profit124.5392.1965.46126.24137.06
EBIT25.58-9.17-35.1127.1532.73
Net earnings20.62-4.56-24.6428.3932.69
Shareholders equity total1 259.021 254.461 229.831 258.221 290.91
Balance sheet total (assets)1 693.461 708.141 697.511 770.231 857.54
Net debt- 316.12- 310.04
Profitability
EBIT-%14.9 %-5.8 %-21.5 %14.1 %15.9 %
ROA1.5 %-0.5 %-2.1 %2.1 %2.3 %
ROE1.7 %-0.4 %-2.0 %2.3 %2.6 %
ROI1.5 %-0.5 %-2.1 %2.4 %3.2 %
Economic value added (EVA)-36.65-72.43-98.15-40.52-20.58
Solvency
Equity ratio100.0 %100.0 %100.0 %69.4 %67.8 %
Gearing1.8 %2.0 %
Relative net indebtedness %90.2 %112.2 %
Liquidity
Quick ratio3.52.8
Current ratio3.52.8
Cash and cash equivalents338.75335.31
Capital use efficiency
Trade debtors turnover (days)40.559.8
Net working capital %151.2 %129.8 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:2.30%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Chairman of the board
Chief executive officer

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