HERTZ&NORDAM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HERTZ&NORDAM ApS
HERTZ&NORDAM ApS (CVR number: 34882479) is a company from RUDERSDAL. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 78.3 % compared to the previous year. The operating profit percentage was at 95.8 % (EBIT: 0.1 mDKK), while net earnings were 76.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 68.9 %, which can be considered excellent and Return on Equity (ROE) was 59.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HERTZ&NORDAM ApS's liquidity measured by quick ratio was 7.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 127.00 | 94.50 | 68.50 | 57.50 | 102.50 |
Gross profit | 0.73 | -6.73 | 24.22 | 12.25 | 98.17 |
EBIT | 0.73 | -6.73 | 24.22 | 12.25 | 98.17 |
Net earnings | 0.65 | -5.20 | 18.50 | 10.79 | 76.75 |
Shareholders equity total | 102.24 | 97.04 | 115.54 | 91.33 | 168.07 |
Balance sheet total (assets) | 109.63 | 97.32 | 128.18 | 93.87 | 192.26 |
Net debt | -90.73 | -77.24 | - 118.28 | -90.97 | - 123.51 |
Profitability | |||||
EBIT-% | 0.6 % | -7.1 % | 35.4 % | 21.3 % | 95.8 % |
ROA | 0.7 % | -6.5 % | 21.5 % | 11.0 % | 68.9 % |
ROE | 0.6 % | -5.2 % | 17.4 % | 10.4 % | 59.2 % |
ROI | 0.7 % | -6.8 % | 22.8 % | 11.8 % | 76.0 % |
Economic value added (EVA) | -4.38 | -10.00 | 14.01 | 5.66 | 71.88 |
Solvency | |||||
Equity ratio | 93.3 % | 99.7 % | 90.1 % | 97.3 % | 87.4 % |
Gearing | |||||
Relative net indebtedness % | -65.6 % | -81.4 % | -154.2 % | -153.8 % | -96.9 % |
Liquidity | |||||
Quick ratio | 14.8 | 351.3 | 10.1 | 37.0 | 7.9 |
Current ratio | 14.8 | 351.3 | 10.1 | 37.0 | 7.9 |
Cash and cash equivalents | 90.73 | 77.24 | 118.28 | 90.97 | 123.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.9 | 244.8 | |||
Net working capital % | 80.5 % | 102.7 % | 168.7 % | 158.8 % | 164.0 % |
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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