Q-Nordic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Q-Nordic ApS
Q-Nordic ApS (CVR number: 36462744) is a company from REBILD. The company recorded a gross profit of -18.8 kDKK in 2023. The operating profit was -31.1 kDKK, while net earnings were -29.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.2 %, which can be considered poor and Return on Equity (ROE) was -19.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Q-Nordic ApS's liquidity measured by quick ratio was 0.6 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 | 40.62 | 71.28 | -0.49 | -21.05 | -18.75 |
EBIT | 40.62 | 71.28 | -0.49 | - 106.12 | -31.14 |
Net earnings | 29.56 | 55.61 | -1.01 | -83.31 | -29.52 |
Shareholders equity total | -24.33 | 31.28 | 30.27 | -53.05 | -82.57 |
Balance sheet total (assets) | 33.35 | 108.28 | 34.27 | 66.01 | 235.64 |
Net debt | 26.50 | -56.74 | -30.49 | 105.53 | 140.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 38.1 % | 85.9 % | -0.7 % | -138.4 % | -14.2 % |
ROE | 43.9 % | 172.1 % | -3.3 % | -173.1 % | -19.6 % |
ROI | 45.3 % | 125.6 % | -1.0 % | -150.0 % | -14.7 % |
Economic value added (EVA) | 38.10 | 57.57 | 2.86 | -82.77 | -21.62 |
Solvency | |||||
Equity ratio | -42.2 % | 28.9 % | 88.3 % | -44.6 % | -25.9 % |
Gearing | -168.9 % | 131.4 % | -198.9 % | -375.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 1.4 | 8.6 | 0.4 | 0.6 |
Current ratio | 0.6 | 1.4 | 8.6 | 0.4 | 0.7 |
Cash and cash equivalents | 14.60 | 97.85 | 30.49 | 169.39 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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