NORDUNET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDUNET A/S
NORDUNET A/S (CVR number: 17490346) is a company from TÅRNBY. The company reported a net sales of 18.2 mEUR in 2024, demonstrating a growth of 11 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 0.8 mEUR), while net earnings were 824.8 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NORDUNET A/S's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 19 684.25 | 17 925.24 | 17 562.99 | 16 364.97 | 18 161.94 |
Gross profit | 6 136.25 | 5 817.14 | 6 771.24 | 5 137.23 | 5 291.76 |
EBIT | 1 394.96 | 877.11 | 1 966.75 | 546.43 | 787.43 |
Net earnings | 1 400.10 | 530.50 | 1 309.77 | 576.29 | 824.79 |
Shareholders equity total | 4 964.30 | 5 489.76 | 6 799.53 | 7 375.82 | 8 136.43 |
Balance sheet total (assets) | 19 513.97 | 18 753.22 | 18 521.12 | 19 549.79 | 19 347.88 |
Net debt | -4 188.32 | -1 004.94 | -5 063.00 | -6 654.69 | -3 028.93 |
Profitability | |||||
EBIT-% | 7.1 % | 4.9 % | 11.2 % | 3.3 % | 4.3 % |
ROA | 11.3 % | 5.3 % | 11.4 % | 5.3 % | 6.7 % |
ROE | 32.9 % | 10.1 % | 21.3 % | 8.1 % | 10.6 % |
ROI | 25.4 % | 9.9 % | 19.4 % | 9.8 % | 12.0 % |
Economic value added (EVA) | 1 605.67 | 623.16 | 1 240.68 | 387.69 | 605.57 |
Solvency | |||||
Equity ratio | 32.0 % | 33.8 % | 42.0 % | 44.7 % | 46.5 % |
Gearing | 55.5 % | 80.2 % | 44.6 % | 32.8 % | 43.0 % |
Relative net indebtedness % | 38.6 % | 42.7 % | 20.7 % | 19.0 % | 25.8 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.0 | 2.1 | 2.3 | 2.2 |
Current ratio | 1.3 | 1.4 | 1.6 | 1.6 | 1.7 |
Cash and cash equivalents | 6 943.13 | 5 407.70 | 8 092.29 | 9 071.98 | 6 527.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 99.1 | 92.0 | 71.2 | 86.8 | 92.0 |
Net working capital % | 19.8 % | 22.4 % | 30.0 % | 38.4 % | 32.8 % |
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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