Nordic Crane A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Crane A/S
Nordic Crane A/S (CVR number: 34075840) is a company from HELSINGØR. The company reported a net sales of 87.9 mDKK in 2024, demonstrating a growth of 13.1 % compared to the previous year. The operating profit percentage was at 7.9 % (EBIT: 6.9 mDKK), while net earnings were 2062.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordic Crane A/S's liquidity measured by quick ratio was 0.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 62.84 | 80.64 | 77.71 | 87.91 | |
Gross profit | 26.65 | 39.68 | 49.85 | 47.53 | 51.71 |
EBIT | 2.18 | 9.73 | 14.65 | 10.64 | 6.93 |
Net earnings | 1.01 | 6.73 | 10.60 | 6.68 | 2.06 |
Shareholders equity total | 13.80 | 20.38 | 30.98 | 37.66 | 39.72 |
Balance sheet total (assets) | 55.05 | 70.68 | 93.18 | 120.92 | 134.28 |
Net debt | 5.83 | -3.17 | -12.19 | -1.30 | -2.03 |
Profitability | |||||
EBIT-% | 15.5 % | 18.2 % | 13.7 % | 7.9 % | |
ROA | 4.0 % | 15.5 % | 17.9 % | 10.1 % | 5.6 % |
ROE | 7.2 % | 39.4 % | 41.3 % | 19.5 % | 5.3 % |
ROI | 4.4 % | 18.4 % | 22.2 % | 12.2 % | 6.9 % |
Economic value added (EVA) | -0.80 | 5.06 | 8.60 | 4.36 | -0.07 |
Solvency | |||||
Equity ratio | 25.1 % | 28.9 % | 33.2 % | 31.1 % | 29.6 % |
Gearing | 51.3 % | ||||
Relative net indebtedness % | 73.5 % | 60.3 % | 101.3 % | 100.5 % | |
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 1.6 | 1.1 | 0.8 |
Current ratio | 0.7 | 0.8 | 1.6 | 1.1 | 0.8 |
Cash and cash equivalents | 1.24 | 3.17 | 12.19 | 1.30 | 2.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.0 | 59.9 | 45.6 | 55.4 | |
Net working capital % | -3.8 % | 11.9 % | 2.9 % | -6.6 % | |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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