Nordic Eye Management ApS — Credit Rating and Financial Key Figures

CVR number: 38155148
Havnegade 55, 1058 København K
ah@nordiceye.com
tel: 30948533
www.nordiceye.com

Company information

Official name
Nordic Eye Management ApS
Personnel
11 persons
Established
2016
Company form
Private limited company
Industry

About Nordic Eye Management ApS

Nordic Eye Management ApS (CVR number: 38155148) is a company from KØBENHAVN. The company recorded a gross profit of 4982.7 kDKK in 2023. The operating profit was 2083.9 kDKK, while net earnings were -5337.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 145.7 %, which can be considered excellent but Return on Equity (ROE) was -628.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -76.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Eye Management ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales10 566.1412 295.69
Gross profit5 603.736 118.169 296.592 864.444 982.69
EBIT- 661.051 049.155 932.48- 546.542 083.93
Net earnings- 541.28879.814 820.93- 427.96-5 337.76
Shareholders equity total-1 129.35- 249.544 571.3972.04-5 265.72
Balance sheet total (assets)1 840.472 743.818 677.435 955.941 625.32
Net debt-8.82-1 278.61-5 235.123 751.804 981.12
Profitability
EBIT-%-6.3 %8.5 %
ROA-17.7 %42.6 %102.1 %-6.6 %145.7 %
ROE-27.9 %38.4 %131.8 %-18.4 %-628.9 %
ROI-1983.1 %5085.6 %242.5 %-10.8 %-110.4 %
Economic value added (EVA)- 619.50866.254 939.14- 399.182 199.57
Solvency
Equity ratio-38.0 %-8.3 %52.7 %1.2 %-76.4 %
Gearing-4.4 %7.3 %5424.3 %-96.9 %
Relative net indebtedness %27.6 %13.9 %
Liquidity
Quick ratio0.60.82.00.80.2
Current ratio0.60.82.00.80.2
Cash and cash equivalents58.821 278.615 569.01155.90121.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-12.6 %-4.8 %
Credit risk
Credit ratingBBBBABBBBB

Variable visualization

ROA:145.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-76.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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