NORD ENERGI TEKNIK A/S — Credit Rating and Financial Key Figures

CVR number: 25657403
Ørstedsvej 2, 9800 Hjørring

Credit rating

Company information

Official name
NORD ENERGI TEKNIK A/S
Personnel
69 persons
Established
2000
Company form
Limited company
Industry
  • Expand more icon42Civil engineering

About NORD ENERGI TEKNIK A/S

NORD ENERGI TEKNIK A/S (CVR number: 25657403) is a company from HJØRRING. The company reported a net sales of 127.2 mDKK in 2023, demonstrating a growth of 19.3 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 1.4 mDKK), while net earnings were 703 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.7 %, 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. NORD ENERGI TEKNIK A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales162.24147.3693.82106.58127.19
Gross profit41.7437.9032.1734.4237.90
EBIT6.242.87-1.330.901.38
Net earnings4.822.37-0.700.670.70
Shareholders equity total41.5238.8930.6931.3632.06
Balance sheet total (assets)60.3656.9647.1757.8473.96
Net debt3.066.16
Profitability
EBIT-%3.8 %1.9 %-1.4 %0.8 %1.1 %
ROA9.0 %4.9 %-2.6 %1.7 %2.1 %
ROE12.3 %5.9 %-2.0 %2.2 %2.2 %
ROI10.6 %4.9 %-2.6 %2.2 %3.6 %
Economic value added (EVA)4.830.78-3.28-0.84-0.41
Solvency
Equity ratio100.0 %100.0 %100.0 %54.0 %42.7 %
Gearing12.8 %32.6 %
Relative net indebtedness %24.0 %29.6 %
Liquidity
Quick ratio0.90.8
Current ratio1.81.5
Cash and cash equivalents0.944.30
Capital use efficiency
Trade debtors turnover (days)17.410.6
Net working capital %20.7 %16.7 %
Credit risk
Credit ratingBBBABBBAAA

Variable visualization

ROA:2.10%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.7%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member
Board member
Board member
Board member
Board member

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