NORDIC FILTERSYSTEMS ApS — Credit Rating and Financial Key Figures

CVR number: 27446779
Frydenlundsvej 39, 2950 Vedbæk

Company information

Official name
NORDIC FILTERSYSTEMS ApS
Established
2003
Company form
Private limited company
Industry

About NORDIC FILTERSYSTEMS ApS

NORDIC FILTERSYSTEMS ApS (CVR number: 27446779) is a company from RUDERSDAL. The company recorded a gross profit of 2.8 kDKK in 2023. The operating profit was 2.8 kDKK, while net earnings were -3.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NORDIC FILTERSYSTEMS ApS's liquidity measured by quick ratio was 1.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.864.86-0.243.982.76
EBIT-1.864.86-0.243.982.76
Net earnings-9.48-2.73-7.78-1.56-3.58
Shareholders equity total120.62117.89110.11103.3094.47
Balance sheet total (assets)1 404.211 465.211 471.071 491.221 493.86
Net debt1 087.731 098.691 111.901 117.851 129.63
Profitability
EBIT-%
ROA-0.1 %0.3 %-0.0 %0.3 %0.2 %
ROE-7.6 %-2.3 %-6.8 %-1.5 %-3.6 %
ROI-0.2 %0.4 %-0.0 %0.3 %0.2 %
Economic value added (EVA)-10.96-3.79-8.77-4.16-5.09
Solvency
Equity ratio8.0 %8.0 %7.5 %6.9 %6.3 %
Gearing901.8 %932.0 %1009.8 %1082.2 %1195.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.11.11.1
Current ratio1.11.11.11.11.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:0.18%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.32%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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