NORDELEKTRO A/S — Credit Rating and Financial Key Figures

CVR number: 70883317
Østerport 3, 9000 Aalborg
tel: 98124533

Credit rating

Company information

Official name
NORDELEKTRO A/S
Personnel
57 persons
Established
1983
Company form
Limited company
Industry

About NORDELEKTRO A/S

NORDELEKTRO A/S (CVR number: 70883317) is a company from AALBORG. The company recorded a gross profit of 33.6 mDKK in 2024. The operating profit was 2058 kDKK, while net earnings were 1274.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 44.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NORDELEKTRO 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 profit22 808.3021 637.4520 004.0025 336.0033 596.90
EBIT477.32-1 129.79-4 065.00471.002 057.95
Net earnings339.21- 898.79-3 423.0026.001 274.13
Shareholders equity total5 525.954 627.171 204.002 230.003 504.74
Balance sheet total (assets)17 910.3615 850.7916 082.0015 791.0018 469.61
Net debt2 837.912 491.341 851.00940.002 662.13
Profitability
EBIT-%
ROA2.7 %-6.5 %-25.4 %3.1 %12.0 %
ROE6.3 %-17.7 %-117.4 %1.5 %44.4 %
ROI4.6 %-10.8 %-64.7 %15.8 %44.0 %
Economic value added (EVA)129.28-1 118.45-3 382.37351.601 523.05
Solvency
Equity ratio30.9 %29.4 %7.6 %14.1 %19.3 %
Gearing51.4 %53.9 %154.0 %43.2 %76.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.30.80.91.0
Current ratio1.61.61.01.11.2
Cash and cash equivalents2.572.573.0023.0021.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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