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

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
2019
2020
2021
2022
2023
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

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