Nordic Wood Industries A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Wood Industries A/S
Nordic Wood Industries A/S (CVR number: 37385603) is a company from SILKEBORG. The company reported a net sales of 21.3 mDKK in 2024, demonstrating a growth of 31.2 % compared to the previous year. The operating profit percentage was poor at -65.9 % (EBIT: -14 mDKK), while net earnings were -85.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -32.8 %, which can be considered poor and Return on Equity (ROE) was -40.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Wood Industries A/S's liquidity measured by quick ratio was 3.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 506.00 | 4 340.00 | 12 633.00 | 16 248.00 | 21 322.00 |
Gross profit | - 468.00 | 681.00 | 8 945.00 | 10 802.00 | 12 684.00 |
EBIT | - 468.00 | -2 949.00 | -3 262.00 | -1 674.00 | -14 042.00 |
Net earnings | 17 958.00 | 70 452.00 | 59 757.00 | 38 464.00 | -85 324.00 |
Shareholders equity total | 65 608.00 | 167 306.00 | 228 188.00 | 254 983.00 | 166 362.00 |
Balance sheet total (assets) | 118 528.00 | 210 335.00 | 269 132.00 | 304 740.00 | 200 377.00 |
Net debt | 43 780.00 | 27 098.00 | 25 701.00 | 4 415.00 | 22 312.00 |
Profitability | |||||
EBIT-% | -92.5 % | -67.9 % | -25.8 % | -10.3 % | -65.9 % |
ROA | 19.4 % | 43.4 % | 25.4 % | 13.9 % | -32.8 % |
ROE | 29.1 % | 60.5 % | 30.2 % | 15.9 % | -40.5 % |
ROI | 20.6 % | 46.7 % | 26.9 % | 14.5 % | -34.0 % |
Economic value added (EVA) | -4 036.00 | -8 128.54 | -13 020.26 | -14 728.09 | -29 492.15 |
Solvency | |||||
Equity ratio | 55.4 % | 79.5 % | 84.8 % | 83.7 % | 83.0 % |
Gearing | 66.8 % | 17.0 % | 12.6 % | 14.6 % | 14.2 % |
Relative net indebtedness % | 10455.3 % | 958.6 % | 300.3 % | 103.7 % | 130.0 % |
Liquidity | |||||
Quick ratio | 0.1 | 1.2 | 3.0 | 3.8 | 3.6 |
Current ratio | 0.1 | 1.2 | 3.0 | 3.8 | 3.6 |
Cash and cash equivalents | 16.00 | 1 382.00 | 2 937.00 | 32 807.00 | 1 286.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -2956.7 % | 36.5 % | 307.0 % | 400.5 % | 236.8 % |
Credit risk | |||||
Credit rating | A | A | AA | AA | BBB |
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