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NORDSTRØM HANDEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDSTRØM HANDEL A/S
NORDSTRØM HANDEL A/S (CVR number: 12600402) is a company from SOLRØD. The company recorded a gross profit of 324.6 kDKK in 2024. The operating profit was -1685.9 kDKK, while net earnings were -2271.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -62.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.4 %, 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. NORDSTRØM HANDEL A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 335.86 | 3 127.79 | 3 825.97 | - 927.19 | 324.65 |
| EBIT | 405.38 | 2 067.21 | 2 039.81 | -2 950.70 | -1 685.94 |
| Net earnings | 544.75 | 1 984.87 | 1 719.02 | -2 363.34 | -2 271.79 |
| Shareholders equity total | 3 443.77 | 5 428.64 | 7 147.66 | 4 784.31 | 2 512.52 |
| Balance sheet total (assets) | 5 460.15 | 6 517.41 | 10 524.80 | 10 502.28 | 9 884.08 |
| Net debt | 910.31 | -1 281.28 | 2 397.86 | 4 913.30 | 6 943.57 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 7.8 % | 35.1 % | 24.5 % | -27.2 % | -15.8 % |
| ROE | 17.2 % | 44.7 % | 27.3 % | -39.6 % | -62.3 % |
| ROI | 9.6 % | 43.0 % | 27.7 % | -29.6 % | -16.8 % |
| Economic value added (EVA) | 293.96 | 1 776.51 | 1 450.95 | -2 783.57 | -2 413.43 |
| Solvency | |||||
| Equity ratio | 63.1 % | 83.3 % | 67.9 % | 45.6 % | 25.4 % |
| Gearing | 26.7 % | 34.0 % | 103.0 % | 276.8 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 2.5 | 0.7 | 0.8 | 0.6 |
| Current ratio | 2.7 | 6.3 | 3.2 | 1.8 | 1.3 |
| Cash and cash equivalents | 9.50 | 1 281.28 | 35.44 | 16.59 | 10.78 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BB | BB |
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