NORDIC REBALANCE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC REBALANCE A/S
NORDIC REBALANCE A/S (CVR number: 28655010) is a company from HILLERØD. The company recorded a gross profit of -2434.2 kDKK in 2023. The operating profit was -5427.5 kDKK, while net earnings were -5529.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -51.1 %, which can be considered poor and Return on Equity (ROE) was -104.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. NORDIC REBALANCE A/S's liquidity measured by quick ratio was 2.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 971.00 | -2 483.00 | -2 769.00 | -3 102.00 | -2 434.18 |
EBIT | -4 881.00 | -5 609.00 | -5 977.00 | -6 191.00 | -5 427.50 |
Net earnings | -4 688.00 | -5 587.00 | -6 093.00 | -6 223.00 | -5 529.44 |
Shareholders equity total | 11 914.00 | 7 926.00 | 9 234.00 | 7 088.00 | 3 481.95 |
Balance sheet total (assets) | 14 596.00 | 13 061.00 | 13 372.00 | 11 212.00 | 10 050.53 |
Net debt | - 371.00 | 2 433.00 | 437.00 | 2 098.00 | 5 661.94 |
Profitability | |||||
EBIT-% | |||||
ROA | -32.8 % | -40.6 % | -45.2 % | -50.4 % | -51.1 % |
ROE | -36.3 % | -56.3 % | -71.0 % | -76.3 % | -104.6 % |
ROI | -35.3 % | -44.4 % | -48.8 % | -52.5 % | -53.6 % |
Economic value added (EVA) | -2 996.05 | -3 538.87 | -3 662.15 | -3 578.84 | -2 609.07 |
Solvency | |||||
Equity ratio | 81.6 % | 60.7 % | 69.1 % | 63.2 % | 34.6 % |
Gearing | 14.1 % | 46.5 % | 38.9 % | 51.1 % | 174.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.5 | 7.8 | 4.2 | 2.6 |
Current ratio | 1.4 | 0.5 | 7.8 | 4.2 | 2.6 |
Cash and cash equivalents | 2 055.00 | 1 251.00 | 3 151.00 | 1 522.00 | 413.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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