Nortech Solutions aps — Credit Rating and Financial Key Figures

CVR number: 39978040
Viborgvej 159 A, Hasle 8210 Aarhus V
jm@nortech-solutions.com
tel: 22438929
www.nortech-solutions.com

Credit rating

Company information

Official name
Nortech Solutions aps
Personnel
1 person
Established
2018
Domicile
Hasle
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-48.051 809.199 073.531 119.321 189.33
EBIT- 917.29385.263 778.40- 652.66- 163.90
Net earnings- 933.95375.582 980.29- 746.84- 166.21
Shareholders equity total66.06941.632 921.922 175.092 010.72
Balance sheet total (assets)277.232 300.754 665.082 976.022 581.42
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)- 917.29429.403 110.31- 673.67- 209.92
Solvency
Equity ratio23.8 %40.9 %63.4 %73.6 %77.9 %
Gearing61.6 %2.0 %3.9 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.51.32.2
Current ratio1.31.72.63.74.4
Cash and cash equivalents98.58642.381 980.26751.67336.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBBBB

Variable visualization

ROA:-5.52%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.9%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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