Nordmark Coating A/S
Credit rating
Company information
About Nordmark Coating A/S
Nordmark Coating A/S (CVR number: 33877285K) is a company from FREDERIKSHAVN. The company recorded a gross profit of 80.7 mDKK in 2019. The operating profit was 9747.2 kDKK, while net earnings were 5355.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -4.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordmark Coating A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 44 176.08 | 26 351.95 | 54 382.26 | 80 717.79 |
EBIT | 10 445.37 | -7 985.63 | -5 623.67 | 9 747.25 |
Net earnings | 3 014.95 | -10 079.17 | -12 289.22 | 5 355.91 |
Shareholders equity total | 9 420.94 | -4 033.23 | -16 332.85 | -10 954.18 |
Balance sheet total (assets) | 72 358.34 | 240 471.48 | 250 122.27 | 211 501.85 |
Net debt | 19 071.71 | 150 260.69 | 102 244.10 | 107 394.92 |
Profitability | ||||
EBIT-% | ||||
ROA | 14.5 % | -5.0 % | -2.1 % | 4.1 % |
ROE | 32.0 % | -8.1 % | -5.0 % | 2.3 % |
ROI | 25.1 % | -7.9 % | -3.5 % | 6.8 % |
Economic value added (EVA) | 6 187.94 | -7 724.15 | -10 793.15 | 11 796.20 |
Solvency | ||||
Equity ratio | 13.0 % | -1.6 % | -6.7 % | -4.9 % |
Gearing | 202.4 % | -3763.0 % | -643.9 % | -980.7 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.6 | 0.3 | 0.3 | 0.4 |
Current ratio | 0.9 | 0.7 | 0.5 | 0.6 |
Cash and cash equivalents | 1 508.64 | 2 931.12 | 36.78 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BB | BBB |
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