NORDISK MARINE SERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 29306001
Skråtoften 45, St Darum 6740 Bramming
tel: 20838353

Credit rating

Company information

Official name
NORDISK MARINE SERVICE ApS
Established
2005
Domicile
St Darum
Company form
Private limited company
Industry

About NORDISK MARINE SERVICE ApS

NORDISK MARINE SERVICE ApS (CVR number: 29306001) is a company from ESBJERG. The company recorded a gross profit of 13.9 kDKK in 2023. The operating profit was 13.9 kDKK, while net earnings were 93.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.6 %, 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. NORDISK MARINE SERVICE ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-25.23-31.04-10.50-22.6313.88
EBIT-25.23-31.04-10.50-22.6313.88
Net earnings593.50- 402.25- 879.42365.3893.53
Shareholders equity total2 070.071 667.82788.401 153.781 247.31
Balance sheet total (assets)3 421.893 163.922 306.782 097.602 203.72
Net debt1 336.821 469.481 321.94882.41908.88
Profitability
EBIT-%
ROA18.5 %-11.3 %-30.2 %13.4 %5.6 %
ROE33.5 %-21.5 %-71.6 %37.6 %7.8 %
ROI18.6 %-11.4 %6.6 %14.2 %5.7 %
Economic value added (EVA)24.5911.7630.3993.6086.39
Solvency
Equity ratio60.5 %52.7 %34.2 %55.0 %56.6 %
Gearing64.6 %88.1 %167.7 %76.5 %72.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.1
Current ratio0.10.1
Cash and cash equivalents0.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:5.58%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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