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Nordic Resource A/S — Credit Rating and Financial Key Figures

CVR number: 70727528
G-Vej 3, 2300 København S
bogholderi@nowaste.dk
tel: 59578560
https://nowaste.dk/
Free credit report Annual report

Company information

Official name
Nordic Resource A/S
Personnel
23 persons
Established
1982
Company form
Limited company
Industry

About Nordic Resource A/S

Nordic Resource A/S (CVR number: 70727528) is a company from KØBENHAVN. The company recorded a gross profit of 5389.7 kDKK in 2024. The operating profit was -26.5 mDKK, while net earnings were -57 mDKK. The profitability of the company measured by Return on Assets (ROA) was -102 %, which can be considered poor and Return on Equity (ROE) was -216.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -50.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Resource A/S's liquidity measured by quick ratio was 0.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit21 822.4716 629.3117 474.7030 352.135 389.68
EBIT14 717.803 152.323 559.2812 107.93-26 543.53
Net earnings11 319.542 302.018 799.97- 335.78-57 008.82
Shareholders equity total13 477.4715 779.4824 579.4524 243.67-29 548.69
Balance sheet total (assets)36 970.0727 949.8739 250.0051 473.7028 523.66
Net debt-12 380.40-1 667.04-14.526 963.4410 525.19
Profitability
EBIT-%
ROA35.4 %9.7 %29.2 %7.4 %-102.0 %
ROE41.2 %15.7 %43.6 %-1.4 %-216.1 %
ROI49.6 %14.6 %48.5 %11.2 %-160.3 %
Economic value added (EVA)10 124.121 050.451 940.537 586.75-28 582.06
Solvency
Equity ratio36.5 %56.5 %62.6 %47.1 %-50.9 %
Gearing6.0 %28.7 %-35.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.21.42.20.5
Current ratio2.41.31.52.30.5
Cash and cash equivalents13 189.401 667.0414.524.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBC

Variable visualization

ROA:-102.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-50.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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