NetNordic Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NetNordic Denmark A/S
NetNordic Denmark A/S (CVR number: 33636431) is a company from GLADSAXE. The company recorded a gross profit of 72.7 mDKK in 2024. The operating profit was -15.4 mDKK, while net earnings were -11.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -44.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. NetNordic Denmark A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 47 901.60 | 36 757.41 | 47 848.07 | 92 085.14 | 72 669.20 |
EBIT | 47 901.60 | 36 757.41 | 47 848.07 | 6 232.71 | -15 407.45 |
Net earnings | 4 741.70 | -4 719.76 | 4 292.51 | 1 888.27 | -11 655.90 |
Shareholders equity total | 18 811.69 | 14 091.93 | 18 384.44 | 32 041.23 | 20 385.33 |
Balance sheet total (assets) | 67 838.89 | 103 424.41 | 112 530.51 | 121 835.96 | 81 137.97 |
Net debt | 763.21 | 996.49 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 88.5 % | 42.9 % | 44.3 % | 7.5 % | -13.4 % |
ROE | 25.2 % | -28.7 % | 26.4 % | 7.5 % | -44.5 % |
ROI | 109.8 % | 42.9 % | 44.3 % | 12.0 % | -48.9 % |
Economic value added (EVA) | 46 943.34 | 35 812.12 | 47 139.95 | 3 501.40 | -13 849.72 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 26.8 % | 25.3 % |
Gearing | 2.4 % | 4.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | |||
Current ratio | 1.2 | 1.3 | |||
Cash and cash equivalents | 0.53 | 0.53 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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