Nordic Living Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Living Group ApS
Nordic Living Group ApS (CVR number: 38199196) is a company from KØBENHAVN. The company recorded a gross profit of -47.2 kDKK in 2023. The operating profit was -47.2 kDKK, while net earnings were -7754 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.4 %, which can be considered poor and Return on Equity (ROE) was -44.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Living Group ApS's liquidity measured by quick ratio was 4 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 | -4.13 | -20.61 | -40.57 | -98.61 | -47.19 |
EBIT | -4.13 | -20.61 | -40.57 | -98.61 | -47.19 |
Net earnings | 3 373.71 | 6 893.20 | 7 198.57 | - 702.99 | -7 753.95 |
Shareholders equity total | 9 327.09 | 16 220.29 | 24 870.24 | 21 041.28 | 13 478.82 |
Balance sheet total (assets) | 9 702.84 | 18 288.08 | 28 425.44 | 24 486.89 | 13 880.82 |
Net debt | 198.90 | - 766.34 | -1 473.73 | -1 531.13 | 291.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 40.9 % | 49.4 % | 33.5 % | -2.2 % | -38.4 % |
ROE | 44.2 % | 54.0 % | 35.0 % | -3.1 % | -44.9 % |
ROI | 42.2 % | 53.3 % | 36.7 % | -2.3 % | -40.7 % |
Economic value added (EVA) | 232.96 | 312.07 | 598.42 | 875.29 | 784.02 |
Solvency | |||||
Equity ratio | 96.1 % | 88.7 % | 87.5 % | 85.9 % | 97.1 % |
Gearing | 2.1 % | 1.2 % | 5.7 % | 6.2 % | 2.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 1.7 | 1.9 | 1.5 | 4.0 |
Current ratio | 2.5 | 1.7 | 1.9 | 1.5 | 4.0 |
Cash and cash equivalents | 966.42 | 2 884.56 | 2 842.60 | 88.30 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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