Nordisk Ejendom ApS — Credit Rating and Financial Key Figures

CVR number: 37945714
Baunehøjvej 2 A, Østby 4050 Skibby
torben.rasmussen@nordiskejendom.dk

Credit rating

Company information

Official name
Nordisk Ejendom ApS
Established
2016
Domicile
Østby
Company form
Private limited company
Industry

About Nordisk Ejendom ApS

Nordisk Ejendom ApS (CVR number: 37945714) is a company from FREDERIKSSUND. The company recorded a gross profit of 341.6 kDKK in 2024. The operating profit was 267.8 kDKK, while net earnings were -84.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -32.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.9 %, 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. Nordisk Ejendom ApS'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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales751.83727.39779.68
Gross profit479.25420.69488.41446.74341.64
EBIT405.39346.82414.55372.87267.77
Net earnings82.5950.84122.6031.07-84.40
Shareholders equity total95.61146.44269.05300.12215.71
Balance sheet total (assets)11 422.2811 343.7611 296.1111 193.2811 320.23
Net debt10 443.9810 324.5910 257.0810 307.9310 585.44
Profitability
EBIT-%53.9 %47.7 %53.2 %
ROA3.5 %3.0 %3.7 %3.3 %2.4 %
ROE152.0 %42.0 %59.0 %10.9 %-32.7 %
ROI3.8 %3.3 %3.9 %3.5 %2.5 %
Economic value added (EVA)- 274.20- 326.38- 242.17- 265.65- 342.94
Solvency
Equity ratio0.8 %1.3 %2.4 %2.7 %1.9 %
Gearing10938.2 %7056.7 %3823.1 %3434.7 %4923.2 %
Relative net indebtedness %1504.7 %1538.1 %1410.6 %
Liquidity
Quick ratio0.00.00.00.00.4
Current ratio0.00.00.00.00.4
Cash and cash equivalents13.949.5628.9634.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-858.2 %-911.7 %-831.9 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:2.38%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.91%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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