NORDICON A/S

CVR number: 13777942
Engelsholmvej 33 D, 8940 Randers SV
rune.damsgaard@nordic-on.com
tel: 33747585
www.nordic-on.com

Credit rating

Company information

Official name
NORDICON A/S
Personnel
14 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon50Water transport

About the company

NORDICON A/S (CVR number: 13777942) is a company from RANDERS. The company recorded a gross profit of 6449.7 kDKK in 2023. The operating profit was -1619.1 kDKK, while net earnings were -1495.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -17.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37 %, 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. NORDICON 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 profit3 708.374 991.7111 455.3712 669.006 449.68
EBIT667.561 943.656 090.804 900.00-1 619.07
Net earnings514.371 504.404 661.093 758.00-1 495.52
Shareholders equity total- 413.121 091.285 452.379 211.007 714.48
Balance sheet total (assets)6 706.8610 541.7044 320.5024 900.0020 875.63
Net debt680.10- 487.0810 997.528 143.006 086.51
Profitability
EBIT-%
ROA10.2 %22.1 %22.4 %14.9 %-7.2 %
ROE8.4 %38.6 %142.5 %51.3 %-17.7 %
ROI59.0 %161.5 %58.7 %26.1 %-9.5 %
Economic value added (EVA)562.251 543.704 700.033 689.03-1 636.28
Solvency
Equity ratio-5.8 %10.4 %12.3 %37.0 %37.0 %
Gearing-220.0 %253.5 %108.6 %90.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.10.80.80.8
Current ratio0.91.10.80.80.8
Cash and cash equivalents228.70487.082 822.891 857.00913.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBB

Variable visualization

ROA:-7.17%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.0%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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