Nordic Grafting Company A/S — Credit Rating and Financial Key Figures

CVR number: 38165372
Søholm Park 1, 2900 Hellerup

Credit rating

Company information

Official name
Nordic Grafting Company A/S
Established
2016
Company form
Limited company
Industry

About Nordic Grafting Company A/S

Nordic Grafting Company A/S (CVR number: 38165372) is a company from GENTOFTE. The company recorded a gross profit of 133.5 kDKK in 2023. The operating profit was 74.1 kDKK, while net earnings were 13.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 10.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Grafting Company A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 546.70- 129.20161.30164.91133.55
EBIT- 568.12- 150.63139.87116.1074.13
Net earnings- 444.85- 133.1680.4720.3413.20
Shareholders equity total628.07494.91575.38595.72608.93
Balance sheet total (assets)2 153.562 752.985 636.436 409.395 593.82
Net debt797.08766.47344.435 337.394 541.24
Profitability
EBIT-%
ROA-37.1 %-6.1 %3.3 %1.9 %1.2 %
ROE-74.1 %-23.7 %15.0 %3.5 %2.2 %
ROI-40.8 %-7.5 %6.6 %2.9 %1.3 %
Economic value added (EVA)- 458.55- 121.25112.94117.0729.10
Solvency
Equity ratio29.2 %18.0 %10.2 %9.3 %10.9 %
Gearing214.9 %311.6 %274.7 %895.9 %745.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.70.00.3
Current ratio1.30.91.01.01.0
Cash and cash equivalents552.91775.651 235.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.24%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.9%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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