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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 -6.2 kDKK in 2024. The operating profit was -6.2 kDKK, while net earnings were -5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.3 %, 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 5.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 4.94 | -6.00 | -4.02 | -42.79 | -6.22 |
| EBIT | 4.94 | -6.00 | -4.02 | -42.79 | -6.22 |
| Net earnings | 3.52 | -5.58 | -10.22 | -33.42 | -4.97 |
| Shareholders equity total | 142.97 | 137.38 | 127.17 | 93.75 | 88.77 |
| Balance sheet total (assets) | 182.26 | 170.54 | 146.97 | 112.43 | 106.59 |
| Net debt | -97.34 | - 113.11 | -27.48 | -30.03 | -13.25 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.6 % | -3.4 % | -2.5 % | -33.0 % | -5.7 % |
| ROE | 2.5 % | -4.0 % | -7.7 % | -30.3 % | -5.4 % |
| ROI | 3.4 % | -4.2 % | -3.0 % | -37.4 % | -6.5 % |
| Economic value added (EVA) | -2.26 | -12.06 | -9.95 | -39.96 | -9.76 |
| Solvency | |||||
| Equity ratio | 78.4 % | 80.6 % | 86.5 % | 83.4 % | 83.3 % |
| Gearing | 2.7 % | 2.8 % | 3.0 % | 4.1 % | 4.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.5 | 3.7 | 5.0 | 5.4 | 5.2 |
| Current ratio | 4.6 | 5.1 | 7.3 | 5.4 | 5.2 |
| Cash and cash equivalents | 101.17 | 116.92 | 31.30 | 33.84 | 17.06 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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