Nordens Marine Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordens Marine Service ApS
Nordens Marine Service ApS (CVR number: 43101625) is a company from TÅRNBY. The company recorded a gross profit of 335.8 kDKK in 2024. The operating profit was -17.2 kDKK, while net earnings were -6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. Nordens Marine Service ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 391.44 | 397.53 | 335.82 |
EBIT | 206.86 | 79.94 | -17.17 |
Net earnings | 157.00 | 60.35 | -6.24 |
Shareholders equity total | 197.00 | 198.45 | 112.21 |
Balance sheet total (assets) | 342.65 | 272.81 | 345.45 |
Net debt | - 197.12 | - 205.78 | -37.58 |
Profitability | |||
EBIT-% | |||
ROA | 60.4 % | 26.4 % | -5.5 % |
ROE | 79.7 % | 30.5 % | -4.0 % |
ROI | 79.9 % | 34.9 % | -7.0 % |
Economic value added (EVA) | 160.24 | 64.30 | -11.48 |
Solvency | |||
Equity ratio | 57.5 % | 72.7 % | 32.5 % |
Gearing | 30.5 % | 3.5 % | 29.0 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.9 | 3.1 | 1.4 |
Current ratio | 1.9 | 3.1 | 1.4 |
Cash and cash equivalents | 257.17 | 212.65 | 70.07 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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