Nordic Hill A/S — Credit Rating and Financial Key Figures

CVR number: 40616764
Overbyvej 57, Seest 6000 Kolding
av@nordic-hill.dk
tel: 75521988
www.nordic-hill.dk

Company information

Official name
Nordic Hill A/S
Personnel
2 persons
Established
2019
Domicile
Seest
Company form
Limited company
Industry

About Nordic Hill A/S

Nordic Hill A/S (CVR number: 40616764) is a company from KOLDING. The company recorded a gross profit of 1385.7 kDKK in 2023. The operating profit was 191.3 kDKK, while net earnings were 142.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.7 %, 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. Nordic Hill A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit1 405.001 808.001 479.001 385.72
EBIT94.00461.00863.00674.00191.26
Net earnings2.00259.00577.00361.00142.83
Shareholders equity total4 092.004 351.004 928.005 289.005 431.33
Balance sheet total (assets)12 752.0013 061.0014 314.0013 635.0013 351.39
Net debt4 026.004 619.004 201.003 972.61
Profitability
EBIT-%
ROA0.7 %3.6 %6.3 %4.8 %1.6 %
ROE0.0 %6.1 %12.4 %7.1 %2.7 %
ROI0.7 %4.0 %8.0 %5.8 %1.8 %
Economic value added (EVA)94.00126.96391.37163.96-32.11
Solvency
Equity ratio100.0 %33.3 %34.4 %38.8 %40.7 %
Gearing125.3 %129.1 %120.9 %111.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.00.9
Current ratio0.91.01.01.0
Cash and cash equivalents1 426.001 744.002 194.002 098.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:1.58%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.7%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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