Nordic Transport A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Transport A/S
Nordic Transport A/S (CVR number: 38474502) is a company from HVIDOVRE. The company recorded a gross profit of 12.3 mDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were -190.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.6 %, 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. Nordic Transport A/S's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 991.02 | 5 550.25 | 11 457.58 | 14 444.49 | 12 296.59 |
EBIT | 365.04 | 2 027.28 | 2 559.46 | 772.55 | -6.19 |
Net earnings | 258.98 | 1 586.54 | 1 959.91 | 495.50 | - 190.16 |
Shareholders equity total | 1 580.52 | 3 167.06 | 5 126.98 | 5 622.47 | 5 432.31 |
Balance sheet total (assets) | 4 759.09 | 8 898.30 | 11 608.26 | 10 723.91 | 11 917.74 |
Net debt | 208.36 | -3 220.65 | 949.57 | 2 685.46 | 1 272.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 30.5 % | 25.0 % | 7.1 % | 0.2 % |
ROE | 17.8 % | 66.8 % | 47.3 % | 9.2 % | -3.4 % |
ROI | 20.4 % | 76.9 % | 48.9 % | 10.0 % | 0.3 % |
Economic value added (EVA) | 206.93 | 1 489.86 | 1 984.49 | 329.12 | - 287.94 |
Solvency | |||||
Equity ratio | 33.2 % | 35.6 % | 44.2 % | 52.4 % | 45.6 % |
Gearing | 14.2 % | 3.8 % | 29.9 % | 47.9 % | 23.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.0 | 0.9 | 0.7 | 0.6 |
Current ratio | 0.7 | 1.0 | 0.9 | 0.7 | 0.6 |
Cash and cash equivalents | 15.87 | 3 339.93 | 582.66 | 6.00 | 17.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
Variable visualization
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