Nordic Finance ApS — Credit Rating and Financial Key Figures

CVR number: 39620669
Kongsbjergvej 15, 2830 Virum
kontakt@nordicfinance.dk
https://nordicfinance.dk
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Company information

Official name
Nordic Finance ApS
Established
2018
Company form
Private limited company
Industry

About Nordic Finance ApS

Nordic Finance ApS (CVR number: 39620669) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a growth of 444.1 % compared to the previous year. The operating profit percentage was at 77.7 % (EBIT: 0.2 mDKK), while net earnings were 186.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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. Nordic Finance ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales21.5615.6030.5037.30202.96
Gross profit19.221 903.54104.4715.08171.25
EBIT7.461 734.7296.45-7.89157.61
Net earnings5.811 522.93- 158.21- 254.99186.18
Shareholders equity total95.811 618.741 346.131 091.141 277.31
Balance sheet total (assets)294.421 716.801 659.001 461.111 635.70
Net debt170.1139.61254.24313.24227.85
Profitability
EBIT-%34.6 %11120.0 %316.2 %-21.2 %77.7 %
ROA3.4 %378.0 %12.8 %16.8 %19.3 %
ROE6.3 %177.6 %-10.7 %-20.9 %15.7 %
ROI3.4 %388.5 %13.2 %-18.4 %14.7 %
Economic value added (EVA)-1.341 413.14-8.51-86.9750.06
Solvency
Equity ratio32.5 %94.3 %81.1 %74.7 %78.1 %
Gearing203.4 %2.9 %19.4 %29.3 %20.6 %
Relative net indebtedness %806.2 %577.3 %1002.2 %974.3 %159.5 %
Liquidity
Quick ratio0.13.80.60.71.0
Current ratio0.13.80.60.71.0
Cash and cash equivalents24.798.007.196.5434.69
Capital use efficiency
Trade debtors turnover (days)58.537.478.358.1
Net working capital %-806.2 %1791.1 %-369.7 %-255.7 %-0.5 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:19.3%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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