NordicWorkflow ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NordicWorkflow ApS
NordicWorkflow ApS (CVR number: 40403515) is a company from AALBORG. The company recorded a gross profit of 3708.9 kDKK in 2024. The operating profit was -0.6 kDKK, while net earnings were -8.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. NordicWorkflow ApS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 306.43 | 426.08 | 1 364.18 | 3 160.47 | 3 708.87 |
EBIT | -41.61 | -44.77 | -64.64 | - 422.44 | -0.63 |
Net earnings | -44.00 | -48.75 | -38.17 | - 341.86 | -8.45 |
Shareholders equity total | 9.64 | -39.11 | 1 147.72 | 805.86 | 797.41 |
Balance sheet total (assets) | 97.20 | 159.56 | 1 612.00 | 1 966.16 | 1 731.45 |
Net debt | -77.81 | - 102.76 | - 879.22 | - 633.06 | - 896.84 |
Profitability | |||||
EBIT-% | |||||
ROA | -40.5 % | -30.3 % | -7.1 % | -23.5 % | 0.3 % |
ROE | -139.1 % | -57.6 % | -5.8 % | -35.0 % | -1.1 % |
ROI | -131.5 % | -928.8 % | -11.3 % | -43.0 % | 0.8 % |
Economic value added (EVA) | -44.99 | -45.25 | -43.93 | - 395.09 | -40.94 |
Solvency | |||||
Equity ratio | 9.9 % | -19.7 % | 71.2 % | 41.0 % | 46.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.6 | 2.6 | 1.2 | 1.6 |
Current ratio | 1.1 | 0.6 | 2.6 | 1.2 | 1.6 |
Cash and cash equivalents | 77.81 | 102.76 | 879.22 | 633.06 | 896.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BBB | BBB | BBB |
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