NORDIC HOTEL GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC HOTEL GROUP A/S
NORDIC HOTEL GROUP A/S (CVR number: 34729107) is a company from AARHUS. The company recorded a gross profit of -62 kDKK in 2024. The operating profit was -62 kDKK, while net earnings were 558.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 41 %, 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. NORDIC HOTEL GROUP A/S's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 115.05 | - 601.49 | 625.98 | 1 396.83 | -62.00 |
EBIT | - 613.03 | -1 156.90 | 625.98 | 1 396.83 | -62.00 |
Net earnings | - 742.87 | - 841.77 | 1 115.64 | 1 345.68 | 558.19 |
Shareholders equity total | 2 354.74 | 7 512.97 | 8 628.62 | 9 974.29 | 10 532.48 |
Balance sheet total (assets) | 18 944.79 | 24 629.36 | 22 422.23 | 23 166.67 | 25 682.93 |
Net debt | 9 821.46 | 14 677.27 | 9 979.82 | -5 442.94 | - 364.84 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.7 % | 1.7 % | 9.4 % | 13.5 % | 9.2 % |
ROE | -27.2 % | -17.1 % | 13.8 % | 14.5 % | 5.4 % |
ROI | 3.1 % | 2.1 % | 10.5 % | 20.5 % | 21.9 % |
Economic value added (EVA) | - 729.02 | -1 560.39 | - 629.28 | 89.59 | - 548.79 |
Solvency | |||||
Equity ratio | 12.4 % | 30.5 % | 38.5 % | 43.1 % | 41.0 % |
Gearing | 455.0 % | 195.7 % | 128.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 1.2 | 1.7 | 1.6 |
Current ratio | 0.8 | 1.1 | 1.2 | 1.7 | 1.6 |
Cash and cash equivalents | 891.82 | 27.53 | 1 134.45 | 5 442.94 | 364.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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