Nordic Glass Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 43094955
Enggårdvej 15, Snejbjerg 7400 Herning
info@nordicglass.nu
tel: 25211322
https://www.nordicglass.nu

Company information

Official name
Nordic Glass Solutions ApS
Personnel
3 persons
Established
2022
Domicile
Snejbjerg
Company form
Private limited company
Industry

About Nordic Glass Solutions ApS

Nordic Glass Solutions ApS (CVR number: 43094955) is a company from HERNING. The company recorded a gross profit of 1998.4 kDKK in 2024. The operating profit was 657 kDKK, while net earnings were 656.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.2 %, which can be considered excellent and Return on Equity (ROE) was 145.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.9 %, 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. Nordic Glass Solutions ApS's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit20.24- 197.381 998.36
EBIT- 213.22- 854.33656.98
Net earnings- 174.77- 899.74656.54
Shareholders equity total593.23-74.51582.03
Balance sheet total (assets)1 036.18322.901 215.72
Net debt- 572.81-11.35- 118.25
Profitability
EBIT-%
ROA-20.6 %-119.1 %82.2 %
ROE-29.5 %-196.4 %145.1 %
ROI-35.9 %-245.6 %185.6 %
Economic value added (EVA)- 172.23- 925.61655.67
Solvency
Equity ratio57.3 %-18.7 %47.9 %
Gearing0.2 %-135.0 %5.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.30.71.9
Current ratio2.30.71.9
Cash and cash equivalents574.06111.93150.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCBB

Variable visualization

ROA:82.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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