Nordens Relining ApS — Credit Rating and Financial Key Figures

CVR number: 42118729
Strandsegårdsvej 1 B, 3310 Ølsted

Credit rating

Company information

Official name
Nordens Relining ApS
Personnel
7 persons
Established
2021
Company form
Private limited company
Industry

About Nordens Relining ApS

Nordens Relining ApS (CVR number: 42118729) is a company from HALSNÆS. The company recorded a gross profit of 4559.5 kDKK in 2024. The operating profit was 1298.4 kDKK, while net earnings were 985.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.2 %, which can be considered excellent and Return on Equity (ROE) was 65 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Nordens Relining ApS's liquidity measured by quick ratio was 2.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit878.721 164.442 841.264 559.52
EBIT230.09405.15851.531 298.43
Net earnings155.32308.13650.05985.49
Shareholders equity total215.32523.451 173.501 858.99
Balance sheet total (assets)899.891 168.152 346.773 166.94
Net debt222.29-22.94- 153.07- 707.45
Profitability
EBIT-%
ROA25.6 %39.2 %48.7 %47.2 %
ROE72.1 %83.4 %76.6 %65.0 %
ROI43.7 %71.7 %87.2 %76.4 %
Economic value added (EVA)172.11302.79623.41949.80
Solvency
Equity ratio23.9 %44.8 %50.0 %58.7 %
Gearing120.1 %4.2 %4.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.81.92.3
Current ratio1.41.81.92.5
Cash and cash equivalents36.3645.08208.49707.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:47.2%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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