NORDIC TRADE & INNOVATION GROUP ApS — Credit Rating and Financial Key Figures

CVR number: 38423037
Avedøreholmen 86 F, 2650 Hvidovre
mj@cslogistics.dk

Credit rating

Company information

Official name
NORDIC TRADE & INNOVATION GROUP ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About NORDIC TRADE & INNOVATION GROUP ApS

NORDIC TRADE & INNOVATION GROUP ApS (CVR number: 38423037) is a company from HVIDOVRE. The company recorded a gross profit of -42.8 kDKK in 2023. The operating profit was -42.8 kDKK, while net earnings were -33.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33 %, which can be considered poor and Return on Equity (ROE) was -30.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDIC TRADE & INNOVATION GROUP ApS's liquidity measured by quick ratio was 5.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.584.94-6.00-4.02-42.79
EBIT-2.584.94-6.00-4.02-42.79
Net earnings-7.563.52-5.58-10.22-33.42
Shareholders equity total139.44142.97137.38127.1793.75
Balance sheet total (assets)195.09182.26170.54146.97112.43
Net debt-90.11-97.34- 113.11-27.48-30.03
Profitability
EBIT-%
ROA-1.5 %2.6 %-3.4 %-2.5 %-33.0 %
ROE-5.3 %2.5 %-4.0 %-7.7 %-30.3 %
ROI-1.8 %3.4 %-4.2 %-3.0 %-37.4 %
Economic value added (EVA)-8.132.66-6.79-3.88-38.20
Solvency
Equity ratio71.5 %78.4 %80.6 %86.5 %83.4 %
Gearing2.7 %2.7 %2.8 %3.0 %4.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.93.53.75.05.4
Current ratio3.54.65.17.35.4
Cash and cash equivalents93.94101.17116.9231.3033.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-33.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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