NORDIC CENTER A/S — Credit Rating and Financial Key Figures

CVR number: 73627419
Torvet 6, Askov 6600 Vejen
tel: 76964220

Credit rating

Company information

Official name
NORDIC CENTER A/S
Personnel
5 persons
Established
1984
Domicile
Askov
Company form
Limited company
Industry

About NORDIC CENTER A/S

NORDIC CENTER A/S (CVR number: 73627419K) is a company from VEJEN. The company reported a net sales of 398.6 mDKK in 2023, demonstrating a decline of -9.1 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 28.7 mDKK), while net earnings were 20.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDIC CENTER A/S's liquidity measured by quick ratio was 2.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales370.52430.06438.59398.56
Gross profit72.8699.23109.5889.1485.76
EBIT20.7740.9548.6433.0528.70
Net earnings17.3433.6343.9021.9520.10
Shareholders equity total167.02175.06216.94234.85252.84
Balance sheet total (assets)255.35229.27277.12293.83304.83
Net debt33.45-15.9518.86-5.24-76.36
Profitability
EBIT-%11.1 %11.3 %7.5 %7.2 %
ROA10.4 %18.5 %22.9 %11.2 %10.1 %
ROE12.8 %21.4 %22.7 %9.8 %8.3 %
ROI11.9 %21.5 %25.8 %12.6 %11.5 %
Economic value added (EVA)8.3623.3330.2614.7611.69
Solvency
Equity ratio65.4 %76.4 %78.3 %80.0 %82.9 %
Gearing26.1 %9.4 %13.1 %8.3 %3.7 %
Relative net indebtedness %4.3 %10.8 %6.9 %-9.4 %
Liquidity
Quick ratio0.52.01.41.52.9
Current ratio2.04.74.14.45.2
Cash and cash equivalents10.1032.479.5224.6585.84
Capital use efficiency
Trade debtors turnover (days)13.513.819.517.1
Net working capital %31.1 %31.9 %34.5 %42.4 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.9%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Board member

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