IDC NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IDC NORDIC A/S
IDC NORDIC A/S (CVR number: 67205812) is a company from KØBENHAVN. The company recorded a gross profit of 20.4 mDKK in 2024. The operating profit was -208.7 kDKK, while net earnings were -633.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.2 %. 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 26.60 | 40.05 | 34.37 | ||
Gross profit | 14.04 | 23.00 | 22.47 | 27.06 | 20.45 |
EBIT | -3.80 | 1.23 | -5.80 | 1.01 | -0.21 |
Net earnings | -3.79 | 0.15 | -5.47 | 0.48 | -0.63 |
Shareholders equity total | -6.84 | -6.70 | -12.17 | -11.69 | -12.32 |
Balance sheet total (assets) | 14.35 | 21.22 | 15.93 | 18.79 | 22.76 |
Net debt | 7.18 | 8.38 | 12.33 | 17.16 | 15.87 |
Profitability | |||||
EBIT-% | -14.3 % | 3.1 % | -16.9 % | ||
ROA | -19.3 % | 5.0 % | -17.8 % | 4.2 % | 0.9 % |
ROE | -28.4 % | 0.8 % | -29.4 % | 2.8 % | -3.0 % |
ROI | -34.5 % | 8.6 % | -32.0 % | 7.1 % | 1.6 % |
Economic value added (EVA) | -4.19 | 0.52 | -6.29 | 0.49 | -0.62 |
Solvency | |||||
Equity ratio | -38.0 % | -28.7 % | -57.5 % | -42.8 % | -39.2 % |
Gearing | -175.2 % | -246.1 % | -120.0 % | -170.5 % | -150.1 % |
Relative net indebtedness % | 61.6 % | 49.5 % | 75.1 % | ||
Liquidity | |||||
Quick ratio | 0.8 | 0.9 | 0.7 | 0.7 | 0.7 |
Current ratio | 0.7 | 0.7 | 0.5 | 0.6 | 0.6 |
Cash and cash equivalents | 4.81 | 8.10 | 2.27 | 2.76 | 2.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 56.0 | 59.7 | 43.6 | ||
Net working capital % | -27.3 % | -17.9 % | -37.0 % | ||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BB |
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