NORDCON ApS — Credit Rating and Financial Key Figures

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

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 -16.2 kDKK in 2023, demonstrating a growth of 42.2 % compared to the previous year. The operating profit was -210.7 kDKK, while net earnings were 359.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 87.9 %, 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 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales8.6010.008.004.00
Gross profit-15.02-20.70-6.68-28.10-16.24
EBIT- 237.13- 287.10- 283.47- 294.50- 210.69
Net earnings1 021.83977.25464.70- 826.87359.50
Shareholders equity total2 259.413 136.663 561.362 734.493 093.99
Balance sheet total (assets)2 733.493 853.604 084.033 401.523 518.07
Net debt249.34- 102.92189.51592.11216.51
Profitability
EBIT-%-2757.3 %-2871.0 %-3543.4 %-7362.5 %
ROA47.9 %36.2 %15.7 %-21.2 %11.7 %
ROE57.5 %36.2 %13.9 %-26.3 %12.3 %
ROI49.0 %38.5 %16.8 %-22.1 %11.9 %
Economic value added (EVA)- 302.29- 343.01- 351.48- 468.22- 348.10
Solvency
Equity ratio82.7 %81.4 %87.2 %80.4 %87.9 %
Gearing17.7 %12.5 %8.3 %21.7 %12.6 %
Relative net indebtedness %3758.5 %2211.0 %5224.0 %16675.6 %
Liquidity
Quick ratio0.30.70.30.00.4
Current ratio0.30.70.30.00.4
Cash and cash equivalents150.85495.84104.74174.05
Capital use efficiency
Trade debtors turnover (days)84.9529.3461.8
Net working capital %-3704.7 %-2034.4 %-4876.4 %-16402.5 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.9%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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