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NORTEK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORTEK ApS
NORTEK ApS (CVR number: 35858083) is a company from HORSENS. The company recorded a gross profit of 1022.2 kDKK in 2024. The operating profit was -125.7 kDKK, while net earnings were -105.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -25.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORTEK ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 897.44 | 1 051.37 | 1 112.34 | 1 092.63 | 1 022.21 |
| EBIT | 34.82 | 216.96 | 131.31 | 62.53 | - 125.72 |
| Net earnings | -13.20 | 166.76 | 100.06 | 45.55 | - 105.59 |
| Shareholders equity total | 356.13 | 522.89 | 522.95 | 468.49 | 362.91 |
| Balance sheet total (assets) | 989.39 | 1 291.52 | 2 914.84 | 5 302.06 | 1 497.39 |
| Net debt | - 368.74 | - 246.35 | -2 173.02 | - 158.87 | - 728.20 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.3 % | 19.0 % | 6.2 % | 1.5 % | -3.7 % |
| ROE | -3.6 % | 37.9 % | 19.1 % | 9.2 % | -25.4 % |
| ROI | 9.6 % | 49.4 % | 25.1 % | 12.7 % | -30.2 % |
| Economic value added (EVA) | 12.28 | 150.60 | 75.65 | 21.34 | - 122.96 |
| Solvency | |||||
| Equity ratio | 36.0 % | 40.5 % | 17.9 % | 8.8 % | 24.2 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.4 | 1.1 | 1.1 | 1.1 |
| Current ratio | 1.5 | 1.7 | 1.2 | 1.1 | 1.3 |
| Cash and cash equivalents | 368.74 | 246.35 | 2 173.02 | 158.87 | 728.20 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BB | BBB |
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