NORDIC TRADE & INNOVATION GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.58 | 4.94 | -6.00 | -4.02 | -42.79 |
EBIT | -2.58 | 4.94 | -6.00 | -4.02 | -42.79 |
Net earnings | -7.56 | 3.52 | -5.58 | -10.22 | -33.42 |
Shareholders equity total | 139.44 | 142.97 | 137.38 | 127.17 | 93.75 |
Balance sheet total (assets) | 195.09 | 182.26 | 170.54 | 146.97 | 112.43 |
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) | -8.13 | 2.66 | -6.79 | -3.88 | -38.20 |
Solvency | |||||
Equity ratio | 71.5 % | 78.4 % | 80.6 % | 86.5 % | 83.4 % |
Gearing | 2.7 % | 2.7 % | 2.8 % | 3.0 % | 4.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 3.5 | 3.7 | 5.0 | 5.4 |
Current ratio | 3.5 | 4.6 | 5.1 | 7.3 | 5.4 |
Cash and cash equivalents | 93.94 | 101.17 | 116.92 | 31.30 | 33.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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