Nordic Wood Industries A/S — Credit Rating and Financial Key Figures

CVR number: 37385603
Palsgårdvej 5, 7362 Hampen

Credit rating

Company information

Official name
Nordic Wood Industries A/S
Personnel
15 persons
Established
2016
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales506.004 340.0012 633.0016 248.0021 322.00
Gross profit- 468.00681.008 945.0010 802.0012 684.00
EBIT- 468.00-2 949.00-3 262.00-1 674.00-14 042.00
Net earnings17 958.0070 452.0059 757.0038 464.00-85 324.00
Shareholders equity total65 608.00167 306.00228 188.00254 983.00166 362.00
Balance sheet total (assets)118 528.00210 335.00269 132.00304 740.00200 377.00
Net debt43 780.0027 098.0025 701.004 415.0022 312.00
Profitability
EBIT-%-92.5 %-67.9 %-25.8 %-10.3 %-65.9 %
ROA19.4 %43.4 %25.4 %13.9 %-32.8 %
ROE29.1 %60.5 %30.2 %15.9 %-40.5 %
ROI20.6 %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 ratio55.4 %79.5 %84.8 %83.7 %83.0 %
Gearing66.8 %17.0 %12.6 %14.6 %14.2 %
Relative net indebtedness %10455.3 %958.6 %300.3 %103.7 %130.0 %
Liquidity
Quick ratio0.11.23.03.83.6
Current ratio0.11.23.03.83.6
Cash and cash equivalents16.001 382.002 937.0032 807.001 286.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2956.7 %36.5 %307.0 %400.5 %236.8 %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-32.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.0%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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