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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 21.2 mDKK in 2025, demonstrating a decline of -0.8 % compared to the previous year. The operating profit percentage was poor at -38.3 % (EBIT: -8.1 mDKK), while net earnings were 18.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nordic Wood Industries A/S's liquidity measured by quick ratio was 1.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 4 340.00 | 12 633.00 | 16 248.00 | 21 322.00 | 21 161.00 |
| Gross profit | 681.00 | 8 945.00 | 10 802.00 | 12 684.00 | 8 909.00 |
| EBIT | -2 949.00 | -3 262.00 | -1 674.00 | -14 042.00 | -8 103.00 |
| Net earnings | 70 452.00 | 59 757.00 | 38 464.00 | -85 324.00 | 18 109.00 |
| Shareholders equity total | 167 306.00 | 228 188.00 | 254 983.00 | 166 362.00 | 196 898.00 |
| Balance sheet total (assets) | 210 335.00 | 269 132.00 | 304 740.00 | 200 377.00 | 258 637.00 |
| Net debt | 27 098.00 | 25 701.00 | 4 415.00 | 22 312.00 | 46 880.00 |
| Profitability | |||||
| EBIT-% | -67.9 % | -25.8 % | -10.3 % | -65.9 % | -38.3 % |
| ROA | 43.4 % | 25.4 % | 13.9 % | -32.8 % | 9.0 % |
| ROE | 60.5 % | 30.2 % | 15.9 % | -40.5 % | 10.0 % |
| ROI | 46.7 % | 26.9 % | 14.5 % | -34.0 % | 9.3 % |
| Economic value added (EVA) | -8 128.54 | -13 020.26 | -14 728.09 | -29 492.15 | -16 155.71 |
| Solvency | |||||
| Equity ratio | 79.5 % | 84.8 % | 83.7 % | 83.0 % | 76.1 % |
| Gearing | 17.0 % | 12.6 % | 14.6 % | 14.2 % | 25.9 % |
| Relative net indebtedness % | 958.6 % | 300.3 % | 103.7 % | 130.0 % | 248.8 % |
| Liquidity | |||||
| Quick ratio | 1.2 | 3.0 | 3.8 | 3.6 | 1.4 |
| Current ratio | 1.2 | 3.0 | 3.8 | 3.6 | 1.4 |
| Cash and cash equivalents | 1 382.00 | 2 937.00 | 32 807.00 | 1 286.00 | 4 023.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 36.5 % | 307.0 % | 400.5 % | 236.8 % | 84.0 % |
| Credit risk | |||||
| Credit rating | A | AA | AA | BBB | A |
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