LOGICON NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LOGICON NORDIC A/S
LOGICON NORDIC A/S (CVR number: 28667590) is a company from KOLDING. The company recorded a gross profit of 19.1 mDKK in 2024. The operating profit was -1373.2 kDKK, while net earnings were -1510.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LOGICON NORDIC A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 24 266.49 | 24 557.62 | 28 181.20 | 22 505.73 | 19 056.10 |
EBIT | 6 117.46 | 4 764.93 | 9 693.84 | 3 757.84 | -1 373.20 |
Net earnings | 4 828.56 | 4 023.42 | 7 255.36 | 3 004.99 | -1 510.64 |
Shareholders equity total | -19 385.79 | -21 209.21 | 25 839.57 | 25 694.57 | 21 533.92 |
Balance sheet total (assets) | 50 867.03 | 61 565.29 | 61 962.17 | 54 357.15 | 60 737.81 |
Net debt | 14 990.43 | 22 939.49 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 9.0 % | 6.2 % | 13.4 % | 8.2 % | -1.1 % |
ROE | -28.0 % | -19.8 % | 313.4 % | 11.7 % | -6.4 % |
ROI | 9.0 % | 6.2 % | 13.4 % | 9.1 % | -1.5 % |
Economic value added (EVA) | 6 874.08 | 5 739.06 | 10 759.60 | 1 565.74 | -2 289.60 |
Solvency | |||||
Equity ratio | 100.0 % | 48.3 % | 35.6 % | ||
Gearing | 64.1 % | 110.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.8 | |||
Current ratio | 0.1 | 1.5 | |||
Cash and cash equivalents | 1 487.17 | 799.70 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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