NORDIC COMMERCIAL GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 87362914
Havnegade 6 A, 8000 Aarhus C
epost@nordic-commercial.com
tel: 87464609

Company information

Official name
NORDIC COMMERCIAL GROUP A/S
Personnel
1 person
Established
1984
Company form
Limited company
Industry

About NORDIC COMMERCIAL GROUP A/S

NORDIC COMMERCIAL GROUP A/S (CVR number: 87362914) is a company from AARHUS. The company recorded a gross profit of 2775.9 kDKK in 2023. The operating profit was -10.7 mDKK, while net earnings were -7673.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.2 %, which can be considered poor and Return on Equity (ROE) was -15.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORDIC COMMERCIAL GROUP A/S's liquidity measured by quick ratio was 7.2 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 profit2 610.762 158.302 501.972 546.422 775.94
EBIT2 143.191 630.042 106.782 210.85-10 748.87
Net earnings874.82904.171 499.242 628.23-7 673.43
Shareholders equity total49 269.5650 173.7351 672.9854 301.2046 627.78
Balance sheet total (assets)82 667.0484 558.4585 389.0386 420.5773 929.26
Net debt23 727.4424 118.6022 667.1720 155.3816 683.37
Profitability
EBIT-%
ROA2.9 %2.2 %2.9 %4.7 %-11.2 %
ROE1.8 %1.8 %2.9 %5.0 %-15.2 %
ROI2.9 %2.2 %2.9 %4.7 %-11.2 %
Economic value added (EVA)-1 592.11-2 053.63-1 728.83-1 614.03-11 821.15
Solvency
Equity ratio59.6 %59.3 %60.5 %62.8 %63.1 %
Gearing51.2 %51.4 %48.4 %42.1 %43.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.53.23.84.37.2
Current ratio3.53.23.84.37.2
Cash and cash equivalents1 508.041 686.682 352.442 706.063 551.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:-11.2%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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