NORDISK WAVIN A/S — Credit Rating and Financial Key Figures

CVR number: 41895128
Wavinvej 1, 8450 Hammel
tel: 89636217

Credit rating

Company information

Official name
NORDISK WAVIN A/S
Personnel
272 persons
Established
1957
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About NORDISK WAVIN A/S

NORDISK WAVIN A/S (CVR number: 41895128) is a company from FAVRSKOV. The company reported a net sales of 909.2 mDKK in 2023, demonstrating a decline of -15 % compared to the previous year. The operating profit percentage was at 6.1 % (EBIT: 55.1 mDKK), while net earnings were 36.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45 %, 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. NORDISK WAVIN A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales789.20836.40972.991 069.62909.19
Gross profit789.20836.40185.20200.04177.70
EBIT27.9069.5067.3270.8355.11
Net earnings16.9045.9043.4553.3136.91
Shareholders equity total280.90326.80670.26192.94229.85
Balance sheet total (assets)944.70922.901 030.20582.75511.06
Net debt76.2046.99-2.43
Profitability
EBIT-%3.5 %8.3 %6.9 %6.6 %6.1 %
ROA2.9 %7.4 %6.9 %8.9 %10.1 %
ROE6.2 %15.1 %8.7 %12.4 %17.5 %
ROI2.9 %7.4 %7.8 %12.3 %16.3 %
Economic value added (EVA)9.8540.0534.2751.4238.16
Solvency
Equity ratio100.0 %100.0 %65.1 %33.1 %45.0 %
Gearing20.2 %73.0 %35.2 %
Relative net indebtedness %29.6 %26.4 %20.3 %
Liquidity
Quick ratio0.80.80.9
Current ratio1.11.21.5
Cash and cash equivalents58.9793.9083.40
Capital use efficiency
Trade debtors turnover (days)63.555.143.7
Net working capital %5.1 %8.3 %13.8 %
Credit risk
Credit ratingBBBBBBAAAAAAAAA

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.0%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

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