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: 73627419) is a company from VEJEN. The company recorded a gross profit of 2817.1 kDKK in 2023. The operating profit was 2282.6 kDKK, while net earnings were 19.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.3 %, 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 25.4 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 | 1 443.73 | 2 444.00 | |||
Gross profit | 285.06 | 680.13 | 1 769.23 | 2 104.13 | 2 817.14 |
EBIT | -4 295.51 | -3 900.63 | -2 811.78 | 1 569.43 | 2 282.59 |
Net earnings | 14 826.84 | 32 170.99 | 43 855.06 | 21 597.85 | 19 761.72 |
Shareholders equity total | 141 344.42 | 172 515.42 | 214 370.48 | 233 968.33 | 251 730.05 |
Balance sheet total (assets) | 161 752.39 | 173 830.75 | 215 454.61 | 238 775.88 | 256 171.71 |
Net debt | 13 833.27 | -23 203.82 | -3 556.78 | -11 802.18 | -74 208.59 |
Profitability | |||||
EBIT-% | -270.2 % | -115.0 % | |||
ROA | 9.8 % | 19.1 % | 23.1 % | 9.8 % | 9.0 % |
ROE | 10.9 % | 20.5 % | 22.7 % | 9.6 % | 8.1 % |
ROI | 9.9 % | 19.2 % | 23.2 % | 9.8 % | 9.1 % |
Economic value added (EVA) | -6 446.97 | -5 479.65 | -3 852.49 | -2 887.85 | -4 013.22 |
Solvency | |||||
Equity ratio | 87.4 % | 99.2 % | 99.5 % | 98.0 % | 98.3 % |
Gearing | 13.4 % | 0.1 % | 0.3 % | 1.9 % | 0.2 % |
Relative net indebtedness % | -1583.9 % | -131.5 % | |||
Liquidity | |||||
Quick ratio | 3.0 | 134.5 | 72.1 | 21.8 | 25.4 |
Current ratio | 3.0 | 134.5 | 72.1 | 21.8 | 27.3 |
Cash and cash equivalents | 5 056.18 | 23 291.83 | 4 297.07 | 16 288.41 | 74 674.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 3930.0 % | 3156.0 % | |||
Credit risk | |||||
Credit rating | AA | AA | AA | AAA | AAA |
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