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Nordisk Elektric ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordisk Elektric ApS
Nordisk Elektric ApS (CVR number: 39802813) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 5.1 mDKK in 2025, demonstrating a growth of 43.4 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 0.2 mDKK), while net earnings were 147.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 53.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22 %, 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. Nordisk Elektric ApS's liquidity measured by quick ratio was 0.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 418.12 | 4 283.24 | 4 825.07 | 3 567.16 | 5 115.47 |
| Gross profit | 578.45 | 2 211.38 | 2 336.63 | 1 789.43 | 2 701.63 |
| EBIT | 30.99 | -93.28 | 164.59 | 104.69 | 246.89 |
| Net earnings | 23.00 | - 138.66 | 121.27 | 46.44 | 147.42 |
| Shareholders equity total | 167.19 | 32.29 | 153.33 | 200.69 | 347.19 |
| Balance sheet total (assets) | 311.67 | 1 634.84 | 1 912.42 | 1 646.73 | 1 578.60 |
| Net debt | - 136.18 | 1 010.05 | 135.72 | 701.31 | 434.32 |
| Profitability | |||||
| EBIT-% | 2.2 % | -2.2 % | 3.4 % | 2.9 % | 4.8 % |
| ROA | 11.0 % | -9.3 % | 9.7 % | 6.1 % | 15.4 % |
| ROE | 14.6 % | -139.0 % | 130.7 % | 26.2 % | 53.8 % |
| ROI | 17.2 % | -12.6 % | 13.7 % | 8.5 % | 19.5 % |
| Economic value added (EVA) | 16.21 | - 103.94 | 102.86 | 18.22 | 126.52 |
| Solvency | |||||
| Equity ratio | 53.6 % | 2.0 % | 8.0 % | 12.2 % | 22.0 % |
| Gearing | 26.9 % | 3704.5 % | 733.7 % | 548.1 % | 261.7 % |
| Relative net indebtedness % | -2.6 % | 33.1 % | 16.0 % | 29.4 % | 14.8 % |
| Liquidity | |||||
| Quick ratio | 2.2 | 0.5 | 0.7 | 0.5 | 0.7 |
| Current ratio | 2.2 | 0.5 | 0.7 | 0.6 | 0.8 |
| Cash and cash equivalents | 181.18 | 185.95 | 989.28 | 398.69 | 474.26 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 32.6 | 54.2 | 17.8 | 35.0 | 23.2 |
| Net working capital % | 11.8 % | -18.1 % | -11.0 % | -15.0 % | -5.2 % |
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BBB | BBB |
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