Nordens Installation ApS — Credit Rating and Financial Key Figures

CVR number: 38888560
Tørringvej 17 C, 2610 Rødovre
info@nordens-installation.dk
tel: 70707794
www.nordens-installation.dk

Company information

Official name
Nordens Installation ApS
Personnel
11 persons
Established
2017
Company form
Private limited company
Industry

About Nordens Installation ApS

Nordens Installation ApS (CVR number: 38888560) is a company from RØDOVRE. The company recorded a gross profit of 5803.8 kDKK in 2023. The operating profit was 1243.2 kDKK, while net earnings were 953.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 32.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. Nordens Installation ApS's liquidity measured by quick ratio was 2.2 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 profit4 021.004 495.006 345.005 669.005 803.79
EBIT747.001 113.002 199.002 065.001 243.23
Net earnings590.00862.001 706.001 594.00953.81
Shareholders equity total979.001 341.002 347.002 941.002 894.91
Balance sheet total (assets)1 867.002 855.003 947.004 500.005 200.71
Net debt- 785.00-1 250.00-1 825.00-1 462.00-1 624.97
Profitability
EBIT-%
ROA36.5 %47.1 %64.7 %48.9 %25.8 %
ROE49.8 %74.3 %92.5 %60.3 %32.7 %
ROI62.5 %86.6 %109.5 %73.0 %38.8 %
Economic value added (EVA)581.30852.251 701.431 568.54885.14
Solvency
Equity ratio52.4 %47.0 %59.5 %65.4 %55.7 %
Gearing3.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.12.72.72.2
Current ratio2.32.12.72.72.2
Cash and cash equivalents785.001 250.001 825.001 462.001 713.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:25.8%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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