NORDCAD SYSTEMS A/S — Credit Rating and Financial Key Figures

CVR number: 17650491
Ryesgade 60 B, 9000 Aalborg
info@nordcad.dk
tel: 98173741
www.nordcad.dk

Company information

Official name
NORDCAD SYSTEMS A/S
Personnel
20 persons
Established
1994
Company form
Limited company
Industry

About NORDCAD SYSTEMS A/S

NORDCAD SYSTEMS A/S (CVR number: 17650491) is a company from AALBORG. The company recorded a gross profit of 11.1 mDKK in 2023. The operating profit was 2409.5 kDKK, while net earnings were 2567.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 48.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.8 %, 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. NORDCAD SYSTEMS A/S's liquidity measured by quick ratio was 1.5 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 profit10 031.8511 080.28
EBIT1 332.002 049.001 769.001 719.072 409.51
Net earnings666.002 442.001 413.001 957.642 567.85
Shareholders equity total1 983.003 777.002 661.004 468.796 198.57
Balance sheet total (assets)8 447.009 933.0010 250.0011 634.6315 195.93
Net debt-2 474.69-4 475.06
Profitability
EBIT-%
ROA17.5 %22.3 %17.5 %22.3 %23.8 %
ROE28.2 %84.8 %43.9 %54.9 %48.1 %
ROI23.8 %22.3 %17.5 %32.9 %58.3 %
Economic value added (EVA)1 420.651 949.351 579.211 201.201 861.50
Solvency
Equity ratio100.0 %100.0 %100.0 %38.4 %40.8 %
Gearing0.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.5
Current ratio1.41.5
Cash and cash equivalents2 474.694 530.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:23.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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