Norden CEF A/S — Credit Rating and Financial Key Figures

CVR number: 31933048
Kongevejen 365, 2840 Holte
jn@nordenCEF.dk
tel: 20720200
www.nordencef.dk

Credit rating

Company information

Official name
Norden CEF A/S
Personnel
3 persons
Established
2009
Company form
Limited company
Industry

About Norden CEF A/S

Norden CEF A/S (CVR number: 31933048) is a company from RUDERSDAL. The company recorded a gross profit of 1163.8 kDKK in 2024. The operating profit was 260 kDKK, while net earnings were 204.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Norden CEF A/S's liquidity measured by quick ratio was 1.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 705.5520 366.762 432.001 722.171 163.84
EBIT6 686.1014 782.48613.20474.79260.03
Net earnings5 291.2711 929.24553.04367.69204.13
Shareholders equity total5 286.9712 316.201 369.241 136.931 041.06
Balance sheet total (assets)9 410.9019 578.962 829.432 492.722 429.44
Net debt- 335.52-1 787.93611.35985.50908.17
Profitability
EBIT-%
ROA130.1 %102.0 %5.5 %17.8 %10.6 %
ROE172.1 %135.5 %8.1 %29.3 %18.7 %
ROI220.0 %158.5 %7.8 %20.3 %11.9 %
Economic value added (EVA)5 198.8111 254.35- 195.18246.9289.81
Solvency
Equity ratio56.2 %62.9 %48.4 %45.6 %42.9 %
Gearing0.1 %8.5 %79.5 %95.7 %104.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.71.91.81.7
Current ratio2.32.71.91.81.7
Cash and cash equivalents339.872 833.96477.22103.07179.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.9%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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