NG Nordic Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 34484414
Lindholmvej 3, 5800 Nyborg
denmark.rws@ngnordic.com
tel: 63317100
ngnordic.com/dk
Free credit report Annual report

Credit rating

Company information

Official name
NG Nordic Denmark A/S
Personnel
196 persons
Established
1971
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales415.89407.92477.00462.45468.42
Gross profit415.89186.41198.33219.34190.22
EBIT26.1914.2127.3445.832.78
Net earnings33.1917.4362.4549.008.29
Shareholders equity total638.61656.04718.49767.49525.78
Balance sheet total (assets)980.73969.43983.221 011.98811.10
Net debt- 347.56- 373.64- 224.81-0.03
Profitability
EBIT-%6.3 %3.5 %5.7 %9.9 %0.6 %
ROA2.7 %1.7 %8.2 %6.3 %1.3 %
ROE5.3 %2.7 %9.1 %6.6 %1.3 %
ROI2.7 %1.8 %9.1 %7.1 %1.5 %
Economic value added (EVA)-4.23-20.66-22.37-8.61-43.45
Solvency
Equity ratio100.0 %67.7 %73.1 %75.8 %64.8 %
Gearing0.8 %1.2 %1.0 %1.5 %
Relative net indebtedness %-61.9 %-57.4 %-25.7 %30.0 %
Liquidity
Quick ratio4.24.14.11.4
Current ratio4.34.34.31.6
Cash and cash equivalents352.78382.32232.227.74
Capital use efficiency
Trade debtors turnover (days)39.737.047.269.0
Net working capital %81.5 %74.4 %80.1 %18.8 %
Credit risk
Credit ratingBBBAAAAAAAAAAAA

Variable visualization

ROA:1.31%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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