Nordic Brand Agency A/S — Credit Rating and Financial Key Figures

CVR number: 41478845
Bredgade 31, 1260 København K

Credit rating

Company information

Official name
Nordic Brand Agency A/S
Personnel
11 persons
Established
2020
Company form
Limited company
Industry

About Nordic Brand Agency A/S

Nordic Brand Agency A/S (CVR number: 41478845) is a company from KØBENHAVN. The company recorded a gross profit of 1348.9 kDKK in 2023. The operating profit was -2458.6 kDKK, while net earnings were -1862.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50 %, 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 Brand Agency A/S's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit- 138.58947.711 348.91
EBIT-5 376.24-3 125.46-2 458.62
Net earnings-3 918.25-2 397.28-1 862.23
Shareholders equity total16 081.7513 684.4711 822.24
Balance sheet total (assets)23 657.8024 106.0723 660.85
Net debt6 148.149 115.6010 818.99
Profitability
EBIT-%
ROA-20.2 %-10.5 %-7.6 %
ROE-24.4 %-16.1 %-14.6 %
ROI-21.1 %-10.9 %-7.9 %
Economic value added (EVA)-4 228.94-3 270.07-2 588.64
Solvency
Equity ratio68.0 %56.8 %50.0 %
Gearing40.4 %71.4 %91.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.02.32.0
Current ratio3.02.32.0
Cash and cash equivalents354.29658.9711.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-7.60%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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