Nordens Obligationer VIII A/S — Credit Rating and Financial Key Figures

CVR number: 38617753
Strandboulevarden 89, 2100 København Ø

Credit rating

Company information

Official name
Nordens Obligationer VIII A/S
Established
2017
Company form
Limited company
Industry

About Nordens Obligationer VIII A/S

Nordens Obligationer VIII A/S (CVR number: 38617753) is a company from KØBENHAVN. The company recorded a gross profit of -68.5 kDKK in 2024. The operating profit was -68.5 kDKK, while net earnings were -149.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordens Obligationer VIII A/S's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit74.07-10.74-68.95-10.32-68.51
EBIT74.07-10.74-68.95-10.32-68.51
Net earnings- 468.54- 308.79- 313.82- 208.67- 149.76
Shareholders equity total-13 395.12-13 703.91-14 017.73-14 226.40-14 376.16
Balance sheet total (assets)39 531.0940 486.5541 562.3742 601.9943 784.25
Net debt52 286.5453 749.0055 254.1456 681.8858 062.56
Profitability
EBIT-%
ROA2.3 %2.2 %2.1 %2.2 %2.3 %
ROE-1.2 %-0.8 %-0.8 %-0.5 %-0.3 %
ROI2.3 %2.2 %2.1 %2.2 %2.3 %
Economic value added (EVA)-1 892.13-1 996.75-2 101.01-2 098.01-2 208.14
Solvency
Equity ratio-25.3 %-25.3 %-25.2 %-25.0 %-24.7 %
Gearing-395.0 %-395.3 %-396.4 %-399.3 %-404.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.20.80.30.2
Current ratio1.81.20.80.30.2
Cash and cash equivalents625.30427.08309.71130.2581.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.28%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-24.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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