NORDIC FABRIC A/S — Credit Rating and Financial Key Figures

CVR number: 28477538
Solrød Strandvej 16, 2680 Solrød Strand

Company information

Official name
NORDIC FABRIC A/S
Personnel
6 persons
Established
2004
Company form
Limited company
Industry

About NORDIC FABRIC A/S

NORDIC FABRIC A/S (CVR number: 28477538) is a company from SOLRØD. The company recorded a gross profit of 5858.2 kDKK in 2023. The operating profit was 4021.8 kDKK, while net earnings were 3153.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORDIC FABRIC A/S's liquidity measured by quick ratio was 2.9 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 profit5 165.828 085.853 783.975 707.015 858.23
EBIT3 247.995 995.431 364.723 838.774 021.79
Net earnings2 581.434 604.52825.833 024.023 153.70
Shareholders equity total9 443.6713 348.1912 474.0214 673.0417 226.74
Balance sheet total (assets)12 636.6517 262.4816 154.2017 511.7821 825.36
Net debt-1 634.10-2 067.05424.66- 475.17-1 261.64
Profitability
EBIT-%
ROA26.3 %40.9 %9.0 %23.8 %21.5 %
ROE26.7 %40.4 %6.4 %22.3 %19.8 %
ROI34.4 %53.0 %11.2 %28.7 %26.5 %
Economic value added (EVA)2 112.674 281.12511.712 380.072 421.04
Solvency
Equity ratio74.7 %77.3 %77.2 %83.8 %78.9 %
Gearing2.2 %5.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.62.23.62.9
Current ratio3.94.44.46.04.9
Cash and cash equivalents1 634.102 354.57314.17475.171 261.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:21.5%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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