NORDEX HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 13414092
Nordre Ringgade 2, 9330 Dronninglund

Company information

Official name
NORDEX HOLDING A/S
Established
1989
Company form
Limited company
Industry

About NORDEX HOLDING A/S

NORDEX HOLDING A/S (CVR number: 13414092) is a company from Brønderslev. The company reported a net sales of 1.9 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was poor at -56.1 % (EBIT: -1.1 mDKK), while net earnings were 27.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.7 %, 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. NORDEX HOLDING A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales1 920.001 920.00
Gross profit- 726.00- 717.00
EBIT-1 086.00-1 077.00
Net earnings7 753.0027 347.00
Shareholders equity total183 671.00200 543.00
Balance sheet total (assets)334 554.00373 373.00
Net debt146 192.00169 831.00
Profitability
EBIT-%-56.6 %-56.1 %
ROA3.7 %10.0 %
ROE4.2 %14.2 %
ROI3.8 %10.1 %
Economic value added (EVA)- 915.23-17 415.70
Solvency
Equity ratio54.9 %53.7 %
Gearing79.6 %84.7 %
Relative net indebtedness %7858.5 %8976.4 %
Liquidity
Quick ratio0.10.0
Current ratio0.10.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-6187.0 %-8131.3 %
Credit risk
Credit ratingAA

Variable visualization

ROA:10.0%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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