able nordic a/s

CVR number: 87669017
Mågevej 16, 8370 Hadsten
info@ablenordic.dk
tel: 86982570

Credit rating

Company information

Official name
able nordic a/s
Personnel
52 persons
Established
1978
Company form
Limited company
Industry
  • Expand more icon32Other manufacturing

About able nordic a/s

able nordic a/s (CVR number: 87669017) is a company from FAVRSKOV. The company recorded a gross profit of 16.9 mDKK in 2023. The operating profit was 5445.6 kDKK, while net earnings were 3601 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. able nordic a/s's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit7 286.9414 567.3015 597.8412 838.8216 871.54
EBIT-10 946.753 817.963 072.331 312.795 445.55
Net earnings-11 054.462 611.391 921.04416.673 601.01
Shareholders equity total9 859.429 514.3011 614.8512 554.8816 047.58
Balance sheet total (assets)38 349.2247 842.1745 154.1342 651.4242 858.29
Net debt21 068.1916 477.42
Profitability
EBIT-%
ROA-24.1 %8.9 %6.6 %3.0 %12.7 %
ROE-66.7 %27.0 %18.2 %3.4 %25.2 %
ROI-27.3 %8.9 %6.6 %3.3 %16.3 %
Economic value added (EVA)-12 472.763 322.522 594.24413.443 418.38
Solvency
Equity ratio100.0 %100.0 %100.0 %29.8 %37.8 %
Gearing167.9 %102.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.8
Current ratio1.82.2
Cash and cash equivalents14.4614.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBAA

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-21T13:51:17.439Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.