IDC NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 67205812
Kampmannsgade 2, 1604 København V
nordic.booking@idc.com
tel: 39184448

Credit rating

Company information

Official name
IDC NORDIC A/S
Personnel
15 persons
Established
1981
Company form
Limited company
Industry
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About IDC NORDIC A/S

IDC NORDIC A/S (CVR number: 67205812) is a company from KØBENHAVN. The company reported a net sales of 37.4 mDKK in 2023, demonstrating a growth of 8.9 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 1 mDKK), while net earnings were 482.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -42.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. IDC NORDIC A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales28.7726.6040.0534.3737.43
Gross profit13.1714.0423.0022.4727.06
EBIT-3.43-3.801.23-5.801.01
Net earnings-5.67-3.790.15-5.470.48
Shareholders equity total-3.05-6.84-6.70-12.17-11.69
Balance sheet total (assets)12.3314.3521.2215.9318.79
Net debt0.497.188.3812.3317.16
Profitability
EBIT-%-11.9 %-14.3 %3.1 %-16.9 %2.7 %
ROA-23.9 %-19.3 %5.0 %-17.8 %4.2 %
ROE-75.8 %-28.4 %0.8 %-29.4 %2.8 %
ROI-51.2 %-34.5 %8.6 %-32.0 %7.1 %
Economic value added (EVA)-2.43-3.371.36-5.061.34
Solvency
Equity ratio-21.3 %-38.0 %-28.7 %-57.5 %-42.8 %
Gearing-275.8 %-175.2 %-246.1 %-120.0 %-170.5 %
Relative net indebtedness %25.9 %61.6 %49.5 %75.1 %74.0 %
Liquidity
Quick ratio0.80.80.90.70.7
Current ratio0.80.70.70.50.6
Cash and cash equivalents7.934.818.102.272.76
Capital use efficiency
Trade debtors turnover (days)17.156.059.743.678.9
Net working capital %-12.2 %-27.3 %-17.9 %-37.0 %-32.1 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.17%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-42.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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