NORDICON A/S — Credit Rating and Financial Key Figures

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 NORDICON A/S

NORDICON A/S (CVR number: 13777942) is a company from RANDERS. The company recorded a gross profit of 9402.3 kDKK in 2024. The operating profit was 1364.1 kDKK, while net earnings were 1012 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.1 %, 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. NORDICON A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 991.7111 455.3712 669.006 449.689 402.33
EBIT1 943.656 090.804 900.00-1 619.071 364.14
Net earnings1 504.404 661.093 758.00-1 495.521 012.02
Shareholders equity total1 091.285 452.379 211.007 714.488 726.51
Balance sheet total (assets)10 541.7044 320.5024 900.0020 875.6320 227.23
Net debt- 487.0810 997.528 143.006 086.513 722.62
Profitability
EBIT-%
ROA22.1 %22.4 %14.9 %-7.2 %7.2 %
ROE38.6 %142.5 %51.3 %-17.7 %12.3 %
ROI161.5 %58.7 %26.1 %-9.5 %10.3 %
Economic value added (EVA)1 543.704 700.033 689.03-1 636.28734.35
Solvency
Equity ratio10.4 %12.3 %37.0 %37.0 %43.1 %
Gearing253.5 %108.6 %90.7 %52.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.80.80.81.0
Current ratio1.10.80.80.81.0
Cash and cash equivalents487.082 822.891 857.00913.49827.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBA

Variable visualization

ROA:7.16%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.1%
Rating: 35/100
-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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