NORDTT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDTT ApS
NORDTT ApS (CVR number: 42173207) is a company from FREDENSBORG. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -6.2 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 0 mDKK), while net earnings were 1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.3 %, which can be considered excellent but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. NORDTT ApS's liquidity measured by quick ratio was 1.3 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 495.33 | 735.47 | 689.74 |
Gross profit | 230.69 | 316.74 | 203.74 |
EBIT | 21.19 | 64.00 | 15.60 |
Net earnings | -4.51 | 6.45 | 1.15 |
Shareholders equity total | 35.49 | 41.94 | 43.09 |
Balance sheet total (assets) | 63.76 | 78.04 | 170.47 |
Net debt | -4.07 | - 169.47 | |
Profitability | |||
EBIT-% | 4.3 % | 8.7 % | 2.3 % |
ROA | 73.5 % | 170.4 % | 24.3 % |
ROE | -12.7 % | 16.7 % | 2.7 % |
ROI | -12.6 % | 18.5 % | 3.5 % |
Economic value added (EVA) | 21.19 | 57.57 | 13.49 |
Solvency | |||
Equity ratio | 55.7 % | 53.7 % | 25.3 % |
Gearing | |||
Relative net indebtedness % | 4.9 % | 4.9 % | -6.1 % |
Liquidity | |||
Quick ratio | 2.3 | 2.2 | 1.3 |
Current ratio | 2.3 | 2.2 | 1.3 |
Cash and cash equivalents | 4.07 | 169.47 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 44.0 | 38.7 | 0.5 |
Net working capital % | 7.2 % | 5.7 % | 6.2 % |
Credit risk | |||
Credit rating | BB | B | BB |
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