Nordsøbyg 2.0 A/S — Credit Rating and Financial Key Figures

CVR number: 41701986
Vesterhavsgade 141, 6700 Esbjerg

Credit rating

Company information

Official name
Nordsøbyg 2.0 A/S
Personnel
27 persons
Established
2020
Company form
Limited company
Industry

About Nordsøbyg 2.0 A/S

Nordsøbyg 2.0 A/S (CVR number: 41701986) is a company from ESBJERG. The company recorded a gross profit of 11.5 mDKK in 2023. The operating profit was 1329.5 kDKK, while net earnings were 912.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 84 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordsøbyg 2.0 A/S's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit10 674.5510 136.5511 473.08
EBIT2 214.33828.511 329.53
Net earnings79.73510.09912.38
Shareholders equity total119.73629.811 542.19
Balance sheet total (assets)8 118.3212 393.7911 396.28
Net debt- 890.072 249.561 965.32
Profitability
EBIT-%
ROA27.4 %8.4 %11.4 %
ROE66.6 %136.1 %84.0 %
ROI140.0 %29.5 %30.5 %
Economic value added (EVA)1 572.17608.61996.42
Solvency
Equity ratio1.5 %5.1 %13.5 %
Gearing502.3 %357.2 %127.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.3
Current ratio1.11.11.3
Cash and cash equivalents1 491.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.5%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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