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: 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 443.732 444.00
Gross profit285.06680.131 769.232 104.132 817.14
EBIT-4 295.51-3 900.63-2 811.781 569.432 282.59
Net earnings14 826.8432 170.9943 855.0621 597.8519 761.72
Shareholders equity total141 344.42172 515.42214 370.48233 968.33251 730.05
Balance sheet total (assets)161 752.39173 830.75215 454.61238 775.88256 171.71
Net debt13 833.27-23 203.82-3 556.78-11 802.18-74 208.59
Profitability
EBIT-%-270.2 %-115.0 %
ROA9.8 %19.1 %23.1 %9.8 %9.0 %
ROE10.9 %20.5 %22.7 %9.6 %8.1 %
ROI9.9 %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 ratio87.4 %99.2 %99.5 %98.0 %98.3 %
Gearing13.4 %0.1 %0.3 %1.9 %0.2 %
Relative net indebtedness %-1583.9 %-131.5 %
Liquidity
Quick ratio3.0134.572.121.825.4
Current ratio3.0134.572.121.827.3
Cash and cash equivalents5 056.1823 291.834 297.0716 288.4174 674.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %3930.0 %3156.0 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:9.00%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-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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