NORDJYSK KUNSTFORLAG ApS — Credit Rating and Financial Key Figures

CVR number: 89411610
Tiendeladen 6, 9000 Aalborg
tel: 98120766

Credit rating

Company information

Official name
NORDJYSK KUNSTFORLAG ApS
Personnel
9 persons
Established
1979
Company form
Private limited company
Industry

About NORDJYSK KUNSTFORLAG ApS

NORDJYSK KUNSTFORLAG ApS (CVR number: 89411610) is a company from AALBORG. The company recorded a gross profit of 2969.8 kDKK in 2023. The operating profit was -77.6 kDKK, while net earnings were 75 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. NORDJYSK KUNSTFORLAG ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit3 225.143 632.954 342.133 399.552 969.81
EBIT560.73935.13748.60-37.73-77.62
Net earnings433.59786.27441.0542.5775.01
Shareholders equity total2 112.522 898.793 339.843 382.403 457.41
Balance sheet total (assets)8 307.307 625.768 288.756 066.096 631.36
Net debt1 771.10197.79- 309.97214.0064.09
Profitability
EBIT-%
ROA8.7 %13.6 %7.7 %2.0 %2.0 %
ROE22.9 %31.4 %14.1 %1.3 %2.2 %
ROI13.7 %22.6 %14.2 %3.7 %3.5 %
Economic value added (EVA)343.98607.96515.85- 169.94- 256.30
Solvency
Equity ratio25.4 %38.0 %40.3 %55.8 %52.1 %
Gearing85.8 %21.5 %18.9 %6.4 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.80.90.7
Current ratio1.61.91.72.52.3
Cash and cash equivalents41.25424.09942.383.9935.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:1.97%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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