NORDIC IT RENTAL ApS — Credit Rating and Financial Key Figures

CVR number: 34054304
Søllerødgårdsvej 9, 2840 Holte
salg@nordicitrental.dk

Company information

Official name
NORDIC IT RENTAL ApS
Established
2011
Company form
Private limited company
Industry

About NORDIC IT RENTAL ApS

NORDIC IT RENTAL ApS (CVR number: 34054304) is a company from RUDERSDAL. The company recorded a gross profit of 944.7 kDKK in 2023. The operating profit was 864.7 kDKK, while net earnings were 639.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 25.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.5 %, 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. NORDIC IT RENTAL ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit707.26274.95602.581 536.35944.75
EBIT647.26110.44498.461 449.68864.75
Net earnings476.9081.00381.981 097.32639.90
Shareholders equity total1 033.10714.101 096.082 193.402 833.30
Balance sheet total (assets)2 433.181 595.322 017.263 752.225 108.13
Net debt-36.40- 228.99- 463.19-1 557.36-1 509.55
Profitability
EBIT-%
ROA33.0 %5.6 %28.1 %50.1 %19.7 %
ROE47.5 %9.3 %42.2 %66.7 %25.5 %
ROI44.7 %8.3 %49.0 %76.4 %27.9 %
Economic value added (EVA)494.3082.46370.661 107.10653.79
Solvency
Equity ratio42.5 %44.8 %54.3 %58.5 %55.5 %
Gearing84.8 %15.8 %13.2 %16.0 %30.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.51.11.41.2
Current ratio1.51.52.02.32.2
Cash and cash equivalents912.15342.05608.131 907.742 379.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:19.7%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.5%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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