NORDINVEST I ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDINVEST I ApS
NORDINVEST I ApS (CVR number: 34045771) is a company from HELSINGØR. The company reported a net sales of 4.1 mDKK in 2023, demonstrating a growth of 94.2 % compared to the previous year. The operating profit percentage was at 68.8 % (EBIT: 2.8 mDKK), while net earnings were 1896.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 35.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.9 %, 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. NORDINVEST I ApS's liquidity measured by quick ratio was 0.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 165.39 | 2 150.85 | 2 363.59 | 2 094.88 | 4 068.57 |
Gross profit | 947.08 | 1 056.10 | 1 178.21 | 1 311.53 | 2 799.36 |
EBIT | 947.08 | 1 056.10 | 1 178.21 | 1 311.53 | 2 799.36 |
Net earnings | 345.94 | 613.53 | 744.48 | 888.84 | 1 896.86 |
Shareholders equity total | 2 192.80 | 2 806.33 | 3 550.81 | 4 439.65 | 6 336.51 |
Balance sheet total (assets) | 19 511.46 | 19 712.08 | 19 296.02 | 22 032.54 | 22 751.27 |
Net debt | 15 935.24 | 15 923.49 | 14 535.14 | 16 279.91 | 14 981.14 |
Profitability | |||||
EBIT-% | 43.7 % | 49.1 % | 49.8 % | 62.6 % | 68.8 % |
ROA | 4.8 % | 5.6 % | 6.4 % | 7.0 % | 12.9 % |
ROE | 17.1 % | 24.5 % | 23.4 % | 22.2 % | 35.2 % |
ROI | 5.0 % | 5.8 % | 6.6 % | 7.1 % | 13.1 % |
Economic value added (EVA) | - 215.56 | - 127.30 | -42.16 | 75.70 | 1 095.75 |
Solvency | |||||
Equity ratio | 11.2 % | 14.2 % | 18.4 % | 20.2 % | 27.9 % |
Gearing | 763.1 % | 581.6 % | 430.9 % | 387.3 % | 255.2 % |
Relative net indebtedness % | 762.9 % | 767.5 % | 633.8 % | 796.2 % | 374.3 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.9 | 0.6 | 0.7 |
Current ratio | 0.4 | 0.6 | 0.9 | 0.6 | 0.7 |
Cash and cash equivalents | 798.37 | 397.78 | 765.58 | 913.54 | 1 186.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.0 | ||||
Net working capital % | -145.6 % | -108.4 % | -15.7 % | -115.1 % | -41.3 % |
Credit risk | |||||
Credit rating | A | A | A | AA | A |
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