NORDCON ApS — Credit Rating and Financial Key Figures

CVR number: 50512118
Dalgaardsvej 4, Gadevang 3400 Hillerød
mail@nordcon.dk
tel: 48252599
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Credit rating

Company information

Official name
NORDCON ApS
Personnel
2 persons
Established
1974
Domicile
Gadevang
Company form
Private limited company
Industry

About NORDCON ApS

NORDCON ApS (CVR number: 50512118) is a company from HILLERØD. The company recorded a gross profit of -12.2 kDKK in 2024. The operating profit was -222.8 kDKK, while net earnings were 196.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDCON ApS'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales10.008.004.00
Gross profit-20.70-6.68-28.10-16.24-12.16
EBIT- 287.10- 283.47- 294.50- 210.69- 222.76
Net earnings977.25464.70- 826.87359.50196.74
Shareholders equity total3 136.663 561.362 734.493 093.993 290.73
Balance sheet total (assets)3 853.604 084.033 401.523 518.073 661.93
Net debt- 102.92189.51592.11216.51345.88
Profitability
EBIT-%-2871.0 %-3543.4 %-7362.5 %
ROA36.2 %15.7 %-21.2 %11.7 %6.6 %
ROE36.2 %13.9 %-26.3 %12.3 %6.2 %
ROI38.5 %16.8 %-22.1 %11.9 %6.7 %
Economic value added (EVA)- 370.70- 396.14- 488.27- 377.85- 397.86
Solvency
Equity ratio81.4 %87.2 %80.4 %87.9 %89.9 %
Gearing12.5 %8.3 %21.7 %12.6 %10.5 %
Relative net indebtedness %2211.0 %5224.0 %16675.6 %
Liquidity
Quick ratio0.70.30.00.40.0
Current ratio0.70.30.00.40.0
Cash and cash equivalents495.84104.74174.05
Capital use efficiency
Trade debtors turnover (days)529.3461.8
Net working capital %-2034.4 %-4876.4 %-16402.5 %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:6.63%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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