NORDIC BY CHOICE ApS — Credit Rating and Financial Key Figures

CVR number: 31362539
Grabows Vej 24, 9460 Brovst
tel: 98233567

Credit rating

Company information

Official name
NORDIC BY CHOICE ApS
Personnel
34 persons
Established
2008
Company form
Private limited company
Industry

About NORDIC BY CHOICE ApS

NORDIC BY CHOICE ApS (CVR number: 31362539) is a company from JAMMERBUGT. The company recorded a gross profit of 4214 kDKK in 2023. The operating profit was 2351.3 kDKK, while net earnings were 1913.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 62.6 %, which can be considered excellent and Return on Equity (ROE) was 156.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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. NORDIC BY CHOICE ApS's liquidity measured by quick ratio was 1.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit548.05411.68265.073 492.994 214.04
EBIT285.60- 207.58-1 535.70619.542 351.34
Net earnings276.43- 183.39-1 274.08216.741 913.48
Shareholders equity total1 066.25882.8647.89264.632 178.11
Balance sheet total (assets)2 281.352 069.851 956.113 526.084 230.46
Net debt600.22487.83497.35- 564.23- 758.81
Profitability
EBIT-%
ROA18.2 %-6.9 %-74.8 %24.9 %62.6 %
ROE29.8 %-18.8 %-273.8 %138.7 %156.7 %
ROI30.0 %-9.9 %-156.4 %156.7 %194.5 %
Economic value added (EVA)202.46- 226.04-1 314.61436.721 969.63
Solvency
Equity ratio46.7 %42.7 %2.4 %7.5 %51.5 %
Gearing56.7 %55.8 %1048.6 %20.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.70.91.01.9
Current ratio1.91.71.01.12.0
Cash and cash equivalents4.844.834.84619.64758.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:62.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.5%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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