NORDJYSK KUNSTFORLAG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 225.14 | 3 632.95 | 4 342.13 | 3 399.55 | 2 969.81 |
EBIT | 560.73 | 935.13 | 748.60 | -37.73 | -77.62 |
Net earnings | 433.59 | 786.27 | 441.05 | 42.57 | 75.01 |
Shareholders equity total | 2 112.52 | 2 898.79 | 3 339.84 | 3 382.40 | 3 457.41 |
Balance sheet total (assets) | 8 307.30 | 7 625.76 | 8 288.75 | 6 066.09 | 6 631.36 |
Net debt | 1 771.10 | 197.79 | - 309.97 | 214.00 | 64.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.7 % | 13.6 % | 7.7 % | 2.0 % | 2.0 % |
ROE | 22.9 % | 31.4 % | 14.1 % | 1.3 % | 2.2 % |
ROI | 13.7 % | 22.6 % | 14.2 % | 3.7 % | 3.5 % |
Economic value added (EVA) | 343.98 | 607.96 | 515.85 | - 169.94 | - 256.30 |
Solvency | |||||
Equity ratio | 25.4 % | 38.0 % | 40.3 % | 55.8 % | 52.1 % |
Gearing | 85.8 % | 21.5 % | 18.9 % | 6.4 % | 2.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 0.8 | 0.9 | 0.7 |
Current ratio | 1.6 | 1.9 | 1.7 | 2.5 | 2.3 |
Cash and cash equivalents | 41.25 | 424.09 | 942.38 | 3.99 | 35.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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