NORDIC CENTER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 370.52 | 430.06 | 438.59 | 398.56 | 374.92 |
Gross profit | 99.23 | 109.58 | 89.14 | 85.76 | 80.87 |
EBIT | 40.95 | 48.64 | 33.05 | 28.70 | 25.93 |
Net earnings | 33.63 | 43.90 | 21.95 | 20.10 | 19.06 |
Shareholders equity total | 175.06 | 216.94 | 234.85 | 252.84 | 269.78 |
Balance sheet total (assets) | 229.27 | 277.12 | 293.83 | 304.83 | 317.90 |
Net debt | -15.95 | 18.86 | -5.24 | -76.36 | -68.90 |
Profitability | |||||
EBIT-% | 11.1 % | 11.3 % | 7.5 % | 7.2 % | 6.9 % |
ROA | 18.5 % | 22.9 % | 11.2 % | 10.1 % | 9.5 % |
ROE | 21.4 % | 22.7 % | 9.8 % | 8.3 % | 7.3 % |
ROI | 21.5 % | 25.8 % | 12.6 % | 11.5 % | 10.8 % |
Economic value added (EVA) | 20.55 | 27.49 | 12.42 | 8.76 | 5.60 |
Solvency | |||||
Equity ratio | 76.4 % | 78.3 % | 80.0 % | 82.9 % | 84.9 % |
Gearing | 9.4 % | 13.1 % | 8.3 % | 3.7 % | 3.0 % |
Relative net indebtedness % | 4.3 % | 10.8 % | 6.9 % | -9.4 % | -8.7 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.4 | 1.5 | 2.9 | 2.3 |
Current ratio | 4.7 | 4.1 | 4.4 | 5.2 | 4.5 |
Cash and cash equivalents | 32.47 | 9.52 | 24.65 | 85.84 | 76.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.5 | 13.8 | 19.5 | 17.1 | 15.3 |
Net working capital % | 31.1 % | 31.9 % | 34.5 % | 42.4 % | 41.0 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | AA |
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