Nordcarrier Air & Sea A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordcarrier Air & Sea A/S
Nordcarrier Air & Sea A/S (CVR number: 40975926) is a company from BALLERUP. The company recorded a gross profit of 1107.9 kDKK in 2024. The operating profit was -351.9 kDKK, while net earnings were -386.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -17 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordcarrier Air & Sea A/S's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 206.52 | 764.99 | 1 296.51 | 1 512.12 | 1 107.91 |
| EBIT | -1 082.72 | - 191.80 | -37.15 | 202.38 | - 351.89 |
| Net earnings | - 911.95 | - 239.99 | - 137.45 | 59.30 | - 386.57 |
| Shareholders equity total | - 924.89 | -1 164.88 | -1 302.33 | -1 243.03 | -1 629.60 |
| Balance sheet total (assets) | 2 061.39 | 3 548.23 | 2 563.57 | 2 519.50 | 2 039.19 |
| Net debt | - 289.48 | 1 346.06 | 439.25 | 1 542.46 | 1 002.17 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -36.0 % | -5.0 % | -0.8 % | 5.7 % | -9.1 % |
| ROE | -44.2 % | -8.6 % | -4.5 % | 2.3 % | -17.0 % |
| ROI | -328.4 % | -20.4 % | -2.7 % | 16.6 % | -24.5 % |
| Economic value added (EVA) | - 860.29 | - 115.24 | -44.10 | 172.30 | - 292.62 |
| Solvency | |||||
| Equity ratio | -31.0 % | -24.7 % | -33.7 % | -33.0 % | -44.4 % |
| Gearing | -25.2 % | -125.6 % | -76.4 % | -127.5 % | -71.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.8 | 0.7 | 0.7 | 0.6 |
| Current ratio | 0.7 | 0.8 | 0.7 | 0.7 | 0.6 |
| Cash and cash equivalents | 522.51 | 116.49 | 555.67 | 42.55 | 159.32 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | C | BB | BB | B | B |
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