Nordens Obligationer X A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordens Obligationer X A/S
Nordens Obligationer X A/S (CVR number: 41128739) is a company from KØBENHAVN. The company recorded a gross profit of -15.3 kDKK in 2024. The operating profit was -15.3 kDKK, while net earnings were -417.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordens Obligationer X A/S's liquidity measured by quick ratio was 174.9 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 | -10.17 | -7 109.57 | -3 623.71 | - 354.77 | -15.27 |
| EBIT | -10.17 | -7 109.57 | -3 623.71 | - 354.77 | -15.27 |
| Net earnings | -11.67 | -7 673.36 | -4 961.50 | -1 250.21 | - 417.06 |
| Shareholders equity total | 488.33 | -7 185.03 | -12 146.53 | -13 396.73 | -13 813.79 |
| Balance sheet total (assets) | 495.20 | 24 700.47 | 39 532.50 | 38 908.61 | 39 716.75 |
| Net debt | - 495.11 | 19 285.32 | 18 000.10 | 41 786.13 | 50 802.25 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.1 % | -43.9 % | -8.7 % | 0.4 % | 2.0 % |
| ROE | -2.4 % | -60.9 % | -15.4 % | -3.2 % | -1.1 % |
| ROI | -2.1 % | -44.0 % | -8.7 % | 0.4 % | 2.0 % |
| Economic value added (EVA) | -10.09 | -7 134.14 | -4 777.30 | -2 340.46 | -1 969.46 |
| Solvency | |||||
| Equity ratio | 98.6 % | -22.5 % | -23.5 % | -25.6 % | -25.8 % |
| Gearing | -443.4 % | -425.3 % | -390.3 % | -387.4 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 72.0 | 1 004.8 | 334.3 | 667.9 | 174.9 |
| Current ratio | 72.0 | 1 004.8 | 334.3 | 667.9 | 174.9 |
| Cash and cash equivalents | 495.11 | 12 575.60 | 33 662.68 | 10 502.96 | 2 712.04 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | B | B | BBB | BBB |
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