Nordic Brands ApS — Credit Rating and Financial Key Figures

CVR number: 39692988
Lejrvej 27, Kirke Værløse 3500 Værløse
tel: 32121200
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Company information

Official name
Nordic Brands ApS
Personnel
1 person
Established
2018
Domicile
Kirke Værløse
Company form
Private limited company
Industry

About Nordic Brands ApS

Nordic Brands ApS (CVR number: 39692988) is a company from FURESØ. The company recorded a gross profit of -2951 kDKK in 2024. The operating profit was -3269.8 kDKK, while net earnings were -3334 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -13.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Brands ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 116.06623.85-2 185.524 207.47-2 950.96
EBIT2 116.06370.78-2 513.78-2 141.26-3 269.80
Net earnings985.17- 412.32-3 411.12-5 223.43-3 333.97
Shareholders equity total2 452.472 040.153 629.03-1 594.40-4 928.37
Balance sheet total (assets)11 866.3127 089.6738 613.5335 748.2413 866.79
Net debt5 472.267 580.706 824.571 905.32- 558.65
Profitability
EBIT-%
ROA23.7 %4.0 %-4.3 %-5.4 %-9.4 %
ROE50.3 %-18.4 %-120.3 %-26.5 %-13.4 %
ROI37.6 %8.2 %-13.4 %-30.1 %-112.9 %
Economic value added (EVA)1 398.75- 128.32-2 530.34-3 106.77-3 343.22
Solvency
Equity ratio20.7 %7.5 %9.4 %-4.4 %-26.2 %
Gearing238.8 %421.3 %194.7 %-191.6 %-32.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.20.30.5
Current ratio1.31.01.01.00.8
Cash and cash equivalents384.611 015.02241.261 150.042 167.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-9.38%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-26.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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