Nordic Glass Repair ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Glass Repair ApS
Nordic Glass Repair ApS (CVR number: 38978993) is a company from FAXE. The company recorded a gross profit of 4795.1 kDKK in 2024. The operating profit was -419.9 kDKK, while net earnings were -340.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.5 %, which can be considered poor and Return on Equity (ROE) was -40 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordic Glass Repair ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 211.40 | 1 444.59 | 1 154.87 | 4 554.85 | 4 795.10 |
EBIT | 31.22 | 316.90 | - 194.45 | 1 381.97 | - 419.85 |
Net earnings | 24.36 | 258.17 | - 155.51 | 1 072.22 | - 340.77 |
Shareholders equity total | 114.82 | 261.71 | 49.70 | 1 121.92 | 581.15 |
Balance sheet total (assets) | 520.86 | 1 035.87 | 507.06 | 2 403.66 | 1 810.73 |
Net debt | 142.03 | 367.96 | 238.44 | - 606.52 | - 939.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 42.2 % | -25.1 % | 95.2 % | -19.5 % |
ROE | 32.8 % | 137.1 % | -99.9 % | 183.0 % | -40.0 % |
ROI | 10.2 % | 71.5 % | -38.6 % | 187.4 % | -47.8 % |
Economic value added (EVA) | 6.10 | 236.43 | - 186.21 | 1 052.41 | - 393.07 |
Solvency | |||||
Equity ratio | 22.0 % | 25.3 % | 9.8 % | 46.7 % | 32.1 % |
Gearing | 123.7 % | 153.0 % | 590.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 1.1 | 1.6 | 1.2 |
Current ratio | 1.2 | 1.3 | 1.1 | 1.6 | 1.2 |
Cash and cash equivalents | 32.54 | 54.79 | 606.52 | 939.21 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BBB |
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