PP Nordica Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PP Nordica Group A/S
PP Nordica Group A/S (CVR number: 40850562) is a company from VARDE. The company recorded a gross profit of -14.7 kDKK in 2024. The operating profit was -14.7 kDKK, while net earnings were -45.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PP Nordica Group A/S's liquidity measured by quick ratio was 17 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 | -26.29 | -15.00 | -2.01 | - 104.21 | -14.67 |
EBIT | -26.29 | -15.00 | -2.01 | - 371.49 | -14.67 |
Net earnings | -57.30 | -34.28 | 473.27 | 703.15 | -45.61 |
Shareholders equity total | -7.29 | -41.57 | 431.70 | 1 134.85 | 1 089.24 |
Balance sheet total (assets) | 1 633.70 | 1 962.34 | 3 636.59 | 4 013.91 | 3 517.49 |
Net debt | 1 631.00 | 1 643.91 | 3 194.89 | 2 737.52 | 2 273.63 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.6 % | -0.8 % | 17.7 % | 20.0 % | 0.0 % |
ROE | -3.5 % | -1.9 % | 39.5 % | 89.8 % | -4.1 % |
ROI | -1.6 % | -0.8 % | 17.7 % | 20.4 % | 0.0 % |
Economic value added (EVA) | -26.29 | 69.74 | 80.92 | - 244.94 | 58.98 |
Solvency | |||||
Equity ratio | -0.4 % | -2.1 % | 11.9 % | 28.3 % | 31.0 % |
Gearing | -22357.8 % | -3954.2 % | 740.1 % | 241.3 % | 208.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 8.8 | 3.3 | 34.6 | 17.0 |
Current ratio | 0.6 | 8.8 | 3.3 | 34.6 | 17.0 |
Cash and cash equivalents | 0.64 | 0.75 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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