NORDIC BULK COMPANY A/S — Credit Rating and Financial Key Figures

CVR number: 26923557
Skolegade 5, 8000 Aarhus C
tel: 86176091

Credit rating

Company information

Official name
NORDIC BULK COMPANY A/S
Personnel
3 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About NORDIC BULK COMPANY A/S

NORDIC BULK COMPANY A/S (CVR number: 26923557) is a company from AARHUS. The company recorded a gross profit of 30.7 mDKK in 2024. The operating profit was 25.3 mDKK, while net earnings were 21.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.9 %, which can be considered excellent and Return on Equity (ROE) was 51.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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 BULK COMPANY A/S's liquidity measured by quick ratio was 2.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit36 883.6330 663.47
EBIT14 755.0010 874.0016 399.0032 225.4625 280.82
Net earnings11 306.008 752.0012 514.0020 868.8021 694.66
Shareholders equity total39 508.0033 389.0040 292.0032 692.2451 661.00
Balance sheet total (assets)50 618.00154 614.00193 343.00136 747.9571 511.29
Net debt3 560.95-22 953.11
Profitability
EBIT-%
ROA25.0 %10.6 %9.4 %18.4 %27.9 %
ROE29.9 %24.0 %34.0 %57.2 %51.4 %
ROI25.0 %10.6 %9.4 %26.3 %63.2 %
Economic value added (EVA)12 941.738 888.7214 721.2023 203.0917 127.38
Solvency
Equity ratio100.0 %100.0 %100.0 %23.9 %72.2 %
Gearing14.9 %4.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.22.6
Current ratio1.33.3
Cash and cash equivalents1 295.6025 307.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:27.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.2%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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