NEW NORDIC MANUFACTURING ApS — Credit Rating and Financial Key Figures

CVR number: 14728708
Ny Østergade 11, 4000 Roskilde
tel: 46322411

Company information

Official name
NEW NORDIC MANUFACTURING ApS
Personnel
28 persons
Established
1990
Company form
Private limited company
Industry

About NEW NORDIC MANUFACTURING ApS

NEW NORDIC MANUFACTURING ApS (CVR number: 14728708) is a company from ROSKILDE. The company recorded a gross profit of 21.3 mDKK in 2023. The operating profit was 938.4 kDKK, while net earnings were 709.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.1 %, 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. NEW NORDIC MANUFACTURING ApS's liquidity measured by quick ratio was 2.2 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 sales16 195.49
Gross profit12 356.2713 907.6016 886.9918 142.4321 287.46
EBIT625.87629.19773.97771.86938.42
Net earnings442.47464.63577.86558.83709.94
Shareholders equity total2 028.052 492.673 070.533 629.364 339.30
Balance sheet total (assets)5 368.156 544.575 036.455 230.057 604.28
Net debt989.69954.72696.24217.00875.58
Profitability
EBIT-%3.9 %
ROA12.1 %10.6 %13.4 %15.0 %14.6 %
ROE20.1 %20.6 %20.8 %16.7 %17.8 %
ROI21.3 %15.8 %18.5 %19.9 %20.4 %
Economic value added (EVA)357.62366.62460.72426.28544.86
Solvency
Equity ratio37.8 %38.1 %61.0 %69.4 %57.1 %
Gearing49.5 %39.2 %23.6 %9.2 %20.4 %
Relative net indebtedness %20.5 %
Liquidity
Quick ratio1.72.12.43.02.2
Current ratio1.72.12.43.02.2
Cash and cash equivalents13.6021.6529.27115.327.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %12.1 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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