Nordic Living Group ApS — Credit Rating and Financial Key Figures

CVR number: 38199196
Grønnegade 3, 1107 København K

Credit rating

Company information

Official name
Nordic Living Group ApS
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings3 373.716 893.207 198.57- 702.99-7 753.95
Shareholders equity total9 327.0916 220.2924 870.2421 041.2813 478.82
Balance sheet total (assets)9 702.8418 288.0828 425.4424 486.8913 880.82
Net debt198.90- 766.34-1 473.73-1 531.13291.21
Profitability
EBIT-%
ROA40.9 %49.4 %33.5 %-2.2 %-38.4 %
ROE44.2 %54.0 %35.0 %-3.1 %-44.9 %
ROI42.2 %53.3 %36.7 %-2.3 %-40.7 %
Economic value added (EVA)232.96312.07598.42875.29784.02
Solvency
Equity ratio96.1 %88.7 %87.5 %85.9 %97.1 %
Gearing2.1 %1.2 %5.7 %6.2 %2.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.71.91.54.0
Current ratio2.51.71.91.54.0
Cash and cash equivalents966.422 884.562 842.6088.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-38.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.1%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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