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

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

Company information

Official name
NORDIC CENTER A/S
Personnel
1 person
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 374.9 mDKK in 2024, demonstrating a decline of -5.9 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 25.9 mDKK), while net earnings were 19.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.9 %, 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 2.3 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
2020
2021
2022
2023
2024
Volume
Net sales370.52430.06438.59398.56374.92
Gross profit99.23109.5889.1485.7680.87
EBIT40.9548.6433.0528.7025.93
Net earnings33.6343.9021.9520.1019.06
Shareholders equity total175.06216.94234.85252.84269.78
Balance sheet total (assets)229.27277.12293.83304.83317.90
Net debt-15.9518.86-5.24-76.36-68.90
Profitability
EBIT-%11.1 %11.3 %7.5 %7.2 %6.9 %
ROA18.5 %22.9 %11.2 %10.1 %9.5 %
ROE21.4 %22.7 %9.8 %8.3 %7.3 %
ROI21.5 %25.8 %12.6 %11.5 %10.8 %
Economic value added (EVA)20.5527.4912.428.765.60
Solvency
Equity ratio76.4 %78.3 %80.0 %82.9 %84.9 %
Gearing9.4 %13.1 %8.3 %3.7 %3.0 %
Relative net indebtedness %4.3 %10.8 %6.9 %-9.4 %-8.7 %
Liquidity
Quick ratio2.01.41.52.92.3
Current ratio4.74.14.45.24.5
Cash and cash equivalents32.479.5224.6585.8476.89
Capital use efficiency
Trade debtors turnover (days)13.513.819.517.115.3
Net working capital %31.1 %31.9 %34.5 %42.4 %41.0 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:9.49%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.9%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member

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