Nortech Solutions aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nortech Solutions aps
Nortech Solutions aps (CVR number: 39978040) is a company from AARHUS. The company recorded a gross profit of 1189.3 kDKK in 2023. The operating profit was -163.9 kDKK, while net earnings were -166.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -7.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.9 %, 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. Nortech Solutions aps's liquidity measured by quick ratio was 2.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -48.05 | 1 809.19 | 9 073.53 | 1 119.32 | 1 189.33 |
EBIT | - 917.29 | 385.26 | 3 778.40 | - 652.66 | - 163.90 |
Net earnings | - 933.95 | 375.58 | 2 980.29 | - 746.84 | - 166.21 |
Shareholders equity total | 66.06 | 941.63 | 2 921.92 | 2 175.09 | 2 010.72 |
Balance sheet total (assets) | 277.23 | 2 300.75 | 4 665.08 | 2 976.02 | 2 581.42 |
Net debt | -57.89 | - 642.38 | -1 921.46 | - 667.20 | - 302.53 |
Profitability | |||||
EBIT-% | |||||
ROA | -330.7 % | 29.9 % | 108.5 % | -17.1 % | -5.5 % |
ROE | -1413.9 % | 74.5 % | 154.3 % | -29.3 % | -7.9 % |
ROI | -859.0 % | 73.5 % | 192.7 % | -24.9 % | -7.1 % |
Economic value added (EVA) | - 917.29 | 429.40 | 3 110.31 | - 673.67 | - 209.92 |
Solvency | |||||
Equity ratio | 23.8 % | 40.9 % | 63.4 % | 73.6 % | 77.9 % |
Gearing | 61.6 % | 2.0 % | 3.9 % | 1.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.5 | 1.3 | 2.2 |
Current ratio | 1.3 | 1.7 | 2.6 | 3.7 | 4.4 |
Cash and cash equivalents | 98.58 | 642.38 | 1 980.26 | 751.67 | 336.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | A | BBB | BBB |
Variable visualization
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