Nordic Choice Commercial Services A/S — Credit Rating and Financial Key Figures

CVR number: 38933663
Vesterbrogade 23, 1620 København V

Credit rating

Company information

Official name
Nordic Choice Commercial Services A/S
Personnel
10 persons
Established
2017
Company form
Limited company
Industry

About Nordic Choice Commercial Services A/S

Nordic Choice Commercial Services A/S (CVR number: 38933663) is a company from KØBENHAVN. The company recorded a gross profit of 11.3 mDKK in 2023. The operating profit was 8042.1 kDKK, while net earnings were 6739.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.9 %, which can be considered excellent and Return on Equity (ROE) was 70.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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 Choice Commercial Services 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 857.49- 431.46- 392.9212 404.4311 348.35
EBIT4 857.49-3 051.21-1 832.8910 115.578 042.13
Net earnings4 431.44-3 002.22-1 754.189 017.546 739.81
Shareholders equity total1 939.82-1 062.40-2 816.576 200.9612 940.77
Balance sheet total (assets)8 720.113 919.346 115.7314 575.0625 801.53
Net debt6 591.703 854.107 626.365 591.398 926.23
Profitability
EBIT-%
ROA86.6 %-43.8 %-24.9 %87.2 %42.9 %
ROE455.9 %-102.5 %-35.0 %146.4 %70.4 %
ROI88.1 %-48.4 %-30.2 %105.5 %51.4 %
Economic value added (EVA)4 574.92-3 148.68-1 779.519 067.465 961.27
Solvency
Equity ratio22.2 %-21.4 %-31.7 %42.6 %50.2 %
Gearing339.8 %-362.8 %-270.8 %90.2 %69.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.80.71.82.0
Current ratio1.30.80.71.82.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:42.9%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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