Nordstern ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordstern ApS
Nordstern ApS (CVR number: 29205272K) is a company from HORSENS. The company reported a net sales of 4430.7 mDKK in 2024, demonstrating a decline of -14.7 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 84.4 mDKK), while net earnings were 96.4 mDKK. 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 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. Nordstern ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 256.10 | 3 013.18 | 3 815.12 | 5 194.41 | 4 430.74 |
Gross profit | 433.79 | 497.38 | 354.48 | 406.75 | 457.27 |
EBIT | 231.63 | 262.92 | 86.83 | 31.84 | 84.39 |
Net earnings | 217.24 | 221.18 | 77.57 | 40.72 | 96.44 |
Shareholders equity total | 600.81 | 471.98 | 474.38 | 961.70 | 1 135.36 |
Balance sheet total (assets) | 1 653.45 | 1 769.47 | 1 833.17 | 2 878.73 | 2 920.83 |
Net debt | - 542.62 | - 614.70 | - 513.09 | - 566.98 | - 627.21 |
Profitability | |||||
EBIT-% | 10.3 % | 8.7 % | 2.3 % | 0.6 % | 1.9 % |
ROA | 15.2 % | 16.0 % | 5.3 % | 2.4 % | 4.1 % |
ROE | 40.1 % | 41.2 % | 16.4 % | 5.7 % | 9.2 % |
ROI | 40.2 % | 44.9 % | 18.2 % | 7.3 % | 10.2 % |
Economic value added (EVA) | 179.75 | 185.33 | 49.94 | -1.82 | 20.86 |
Solvency | |||||
Equity ratio | 36.3 % | 26.7 % | 25.9 % | 33.4 % | 38.9 % |
Gearing | 8.6 % | ||||
Relative net indebtedness % | 20.3 % | 22.7 % | 22.2 % | 26.0 % | 26.1 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.1 | 1.1 | 1.1 | 1.2 |
Current ratio | 1.3 | 1.1 | 1.1 | 1.1 | 1.2 |
Cash and cash equivalents | 594.44 | 614.70 | 513.09 | 566.98 | 627.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.3 | 38.6 | 37.1 | 38.4 | 45.0 |
Net working capital % | 13.7 % | 5.3 % | 2.7 % | 3.0 % | 7.5 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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