Nordic Spaces A/S — Credit Rating and Financial Key Figures

CVR number: 43381067
Frederiksberg Alle 19 A, 1820 Frederiksberg C
Free credit report Annual report

Company information

Official name
Nordic Spaces A/S
Established
2022
Company form
Limited company
Industry

About Nordic Spaces A/S

Nordic Spaces A/S (CVR number: 43381067) is a company from FREDERIKSBERG. The company recorded a gross profit of -8.2 kDKK in 2024. The operating profit was -8.2 kDKK, while net earnings were 34.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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 Spaces A/S's liquidity measured by quick ratio was 3.2 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
2022
2023
2024
Volume
Net sales
Gross profit-68.44-20.56-8.24
EBIT-68.44-20.56-8.24
Net earnings-56.1111.8034.06
Shareholders equity total943.89955.69989.75
Balance sheet total (assets)958.891 380.351 432.57
Net debt-63.32404.32429.15
Profitability
EBIT-%
ROA-5.7 %2.2 %4.3 %
ROE-5.9 %1.2 %3.5 %
ROI-5.8 %2.2 %4.4 %
Economic value added (EVA)-68.44-67.99-75.54
Solvency
Equity ratio98.4 %69.2 %69.1 %
Gearing42.9 %43.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.23.33.2
Current ratio4.23.33.2
Cash and cash equivalents63.325.351.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:4.33%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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