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Nordic Green Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 42832146
Randersvej 2 A, 8600 Silkeborg
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Company information

Official name
Nordic Green Solutions A/S
Personnel
23 persons
Established
2021
Company form
Limited company
Industry

About Nordic Green Solutions A/S

Nordic Green Solutions A/S (CVR number: 42832146) is a company from SILKEBORG. The company recorded a gross profit of 8195.9 kDKK in 2024. The operating profit was -10.8 mDKK, while net earnings were -9307.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.5 %, which can be considered poor and Return on Equity (ROE) was -109.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Green Solutions A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit7 275.0323 395.3612 825.058 195.88
EBIT-13 679.34- 835.35-12 166.95-10 805.88
Net earnings-11 110.41-1 306.72-10 444.17-9 307.43
Shareholders equity total24 889.5923 582.8713 138.703 831.27
Balance sheet total (assets)38 211.9739 735.0534 164.2620 528.80
Net debt4 752.336 410.9511 352.439 724.71
Profitability
EBIT-%
ROA-35.3 %-1.9 %-32.9 %-39.5 %
ROE-44.6 %-5.4 %-56.9 %-109.7 %
ROI-42.1 %-2.3 %-39.4 %-53.0 %
Economic value added (EVA)-11 189.53-2 617.90-11 831.76-10 165.71
Solvency
Equity ratio65.1 %59.4 %38.5 %18.7 %
Gearing28.5 %31.5 %93.3 %255.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.70.90.5
Current ratio1.21.70.90.5
Cash and cash equivalents2 344.891 011.99906.0155.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-39.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.7%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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