NORDIC COMMERCIAL GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2305.8 kDKK in 2024. The operating profit was -6491.3 kDKK, while net earnings were -4268 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 158.30 | 2 501.97 | 2 546.42 | 2 775.94 | 2 305.78 |
EBIT | 1 630.04 | 2 106.78 | 2 210.85 | -10 748.87 | -6 491.33 |
Net earnings | 904.17 | 1 499.24 | 2 628.23 | -7 673.43 | -4 267.97 |
Shareholders equity total | 50 173.73 | 51 672.98 | 54 301.20 | 46 627.78 | 42 359.81 |
Balance sheet total (assets) | 84 558.45 | 85 389.03 | 86 420.57 | 73 929.26 | 67 493.22 |
Net debt | 24 118.60 | 22 667.17 | 20 155.38 | 16 683.37 | 15 707.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.2 % | 2.9 % | 4.7 % | -11.2 % | -6.8 % |
ROE | 1.8 % | 2.9 % | 5.0 % | -15.2 % | -9.6 % |
ROI | 2.2 % | 2.9 % | 4.7 % | -11.2 % | -6.9 % |
Economic value added (EVA) | -2 852.00 | -2 549.29 | -2 501.68 | -12 769.63 | -8 744.35 |
Solvency | |||||
Equity ratio | 59.3 % | 60.5 % | 62.8 % | 63.1 % | 62.8 % |
Gearing | 51.4 % | 48.4 % | 42.1 % | 43.4 % | 46.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 3.8 | 4.3 | 7.2 | 7.0 |
Current ratio | 3.2 | 3.8 | 4.3 | 7.2 | 7.0 |
Cash and cash equivalents | 1 686.68 | 2 352.44 | 2 706.06 | 3 551.41 | 3 969.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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