NORDIKDESIGN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIKDESIGN ApS
NORDIKDESIGN ApS (CVR number: 33034768) is a company from ALBERTSLUND. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -47.9 % compared to the previous year. The operating profit percentage was poor at -98.9 % (EBIT: -0.2 mDKK), while net earnings were -175.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.4 %, which can be considered poor and Return on Equity (ROE) was -62.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORDIKDESIGN ApS's liquidity measured by quick ratio was 1.3 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 178.53 | 1 533.56 | 1 058.49 | 340.44 | 177.29 |
Gross profit | 138.79 | 228.79 | 247.16 | -87.43 | - 127.68 |
EBIT | 130.63 | 201.69 | 209.96 | - 113.44 | - 175.30 |
Net earnings | 130.63 | 201.36 | 208.32 | - 114.10 | - 175.30 |
Shareholders equity total | 72.95 | 274.30 | 482.62 | 368.52 | 193.23 |
Balance sheet total (assets) | 177.25 | 439.87 | 925.24 | 605.66 | 547.84 |
Net debt | - 109.71 | - 196.37 | - 121.57 | - 163.57 | 14.42 |
Profitability | |||||
EBIT-% | 73.2 % | 13.2 % | 19.8 % | -33.3 % | -98.9 % |
ROA | 105.8 % | 65.4 % | 30.8 % | -14.8 % | -30.4 % |
ROE | 307.5 % | 116.0 % | 55.0 % | -26.8 % | -62.4 % |
ROI | 125.6 % | 77.0 % | 43.0 % | -19.7 % | -31.7 % |
Economic value added (EVA) | 134.13 | 206.93 | 211.50 | - 126.04 | - 175.98 |
Solvency | |||||
Equity ratio | 41.2 % | 62.4 % | 52.2 % | 60.8 % | 35.3 % |
Gearing | 92.6 % | 39.6 % | 22.8 % | 51.9 % | 183.4 % |
Relative net indebtedness % | -40.9 % | -9.1 % | 19.9 % | -34.6 % | 8.2 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | 1.8 | 2.3 | 1.3 |
Current ratio | 1.7 | 2.7 | 2.1 | 2.6 | 1.5 |
Cash and cash equivalents | 177.25 | 305.12 | 231.70 | 354.89 | 339.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 40.9 % | 17.9 % | 45.6 % | 108.3 % | 109.0 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | B |
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