Nordturn Holding ApS — Credit Rating and Financial Key Figures

CVR number: 36917008
Ingeborg Skeels Vej 51, Flauenskjold 9330 Dronninglund
lg@nordturn.dk
tel: 40738183

Company information

Official name
Nordturn Holding ApS
Established
2015
Domicile
Flauenskjold
Company form
Private limited company
Industry

About Nordturn Holding ApS

Nordturn Holding ApS (CVR number: 36917008) is a company from Brønderslev. The company recorded a gross profit of 783.2 kDKK in 2023. The operating profit was -107.9 kDKK, while net earnings were 2430.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordturn Holding ApS's liquidity measured by quick ratio was 6.2 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 profit885.09945.52712.31795.91783.24
EBIT429.28489.71133.6317.58- 107.92
Net earnings647.901 302.872 228.481 885.132 430.95
Shareholders equity total4 032.245 279.827 451.809 279.7311 592.87
Balance sheet total (assets)4 727.296 197.748 443.149 866.9512 650.00
Net debt536.16-1 400.38-16.51175.90- 251.02
Profitability
EBIT-%
ROA17.1 %26.1 %31.1 %21.0 %21.8 %
ROE17.3 %28.0 %35.0 %22.5 %23.3 %
ROI17.7 %27.1 %33.5 %22.2 %23.0 %
Economic value added (EVA)409.77327.9635.97- 112.31- 319.89
Solvency
Equity ratio85.3 %85.2 %88.3 %94.0 %91.6 %
Gearing13.3 %8.5 %1.3 %2.2 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.73.18.76.2
Current ratio2.42.73.18.76.3
Cash and cash equivalents1 848.57116.9924.09291.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.6%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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