NG Nordic Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NG Nordic Denmark A/S
NG Nordic Denmark A/S (CVR number: 34484414) is a company from NYBORG. The company reported a net sales of 468.4 mDKK in 2024, demonstrating a growth of 1.3 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 2.8 mDKK), while net earnings were 8285 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NG Nordic Denmark A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 415.89 | 407.92 | 477.00 | 462.45 | 468.42 |
Gross profit | 415.89 | 186.41 | 198.33 | 219.34 | 190.22 |
EBIT | 26.19 | 14.21 | 27.34 | 45.83 | 2.78 |
Net earnings | 33.19 | 17.43 | 62.45 | 49.00 | 8.29 |
Shareholders equity total | 638.61 | 656.04 | 718.49 | 767.49 | 525.78 |
Balance sheet total (assets) | 980.73 | 969.43 | 983.22 | 1 011.98 | 811.10 |
Net debt | - 347.56 | - 373.64 | - 224.81 | -0.03 | |
Profitability | |||||
EBIT-% | 6.3 % | 3.5 % | 5.7 % | 9.9 % | 0.6 % |
ROA | 2.7 % | 1.7 % | 8.2 % | 6.3 % | 1.3 % |
ROE | 5.3 % | 2.7 % | 9.1 % | 6.6 % | 1.3 % |
ROI | 2.7 % | 1.8 % | 9.1 % | 7.1 % | 1.5 % |
Economic value added (EVA) | -4.23 | -20.66 | -22.37 | -8.61 | -43.45 |
Solvency | |||||
Equity ratio | 100.0 % | 67.7 % | 73.1 % | 75.8 % | 64.8 % |
Gearing | 0.8 % | 1.2 % | 1.0 % | 1.5 % | |
Relative net indebtedness % | -61.9 % | -57.4 % | -25.7 % | 30.0 % | |
Liquidity | |||||
Quick ratio | 4.2 | 4.1 | 4.1 | 1.4 | |
Current ratio | 4.3 | 4.3 | 4.3 | 1.6 | |
Cash and cash equivalents | 352.78 | 382.32 | 232.22 | 7.74 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.7 | 37.0 | 47.2 | 69.0 | |
Net working capital % | 81.5 % | 74.4 % | 80.1 % | 18.8 % | |
Credit risk | |||||
Credit rating | BBB | AAA | AAA | AAA | AAA |
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