NORD-TEK AALBORG ApS — Credit Rating and Financial Key Figures

CVR number: 25015673
Voerbjergvej 35 A, 9400 Nørresundby
nord-tek@nord-tek.dk
tel: 98192533

Credit rating

Company information

Official name
NORD-TEK AALBORG ApS
Personnel
8 persons
Established
1999
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About NORD-TEK AALBORG ApS

NORD-TEK AALBORG ApS (CVR number: 25015673) is a company from AALBORG. The company recorded a gross profit of 3047.7 kDKK in 2023. The operating profit was 276.9 kDKK, while net earnings were 164 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 29.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.6 %, 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. NORD-TEK AALBORG ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit2 181.931 613.672 993.773 400.323 047.67
EBIT349.68123.03627.05933.89276.90
Net earnings241.0485.73473.58713.15163.95
Shareholders equity total1 127.00212.72598.58838.15288.95
Balance sheet total (assets)2 166.172 123.162 226.854 909.083 474.00
Net debt- 162.28115.13144.41386.381 458.98
Profitability
EBIT-%
ROA16.0 %5.7 %28.8 %26.2 %6.6 %
ROE23.9 %12.8 %116.7 %99.3 %29.1 %
ROI23.1 %9.7 %51.6 %58.9 %14.1 %
Economic value added (EVA)246.0649.06526.16713.64207.94
Solvency
Equity ratio52.0 %10.0 %26.9 %20.0 %8.6 %
Gearing8.0 %518.7 %86.0 %145.4 %546.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.71.11.30.8
Current ratio2.01.11.31.21.1
Cash and cash equivalents252.00988.21370.61832.69119.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:6.61%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.61%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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