EQUINORDIC ApS — Credit Rating and Financial Key Figures

CVR number: 36047984
Tuborg Boulevard 12, 2900 Hellerup

Credit rating

Company information

Official name
EQUINORDIC ApS
Established
2014
Company form
Private limited company
Industry

About EQUINORDIC ApS

EQUINORDIC ApS (CVR number: 36047984) is a company from GENTOFTE. The company recorded a gross profit of 242.9 kDKK in 2023. The operating profit was 204.2 kDKK, while net earnings were 131.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EQUINORDIC ApS's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 496.46236.58948.101 474.81242.87
EBIT- 496.46236.58948.101 474.81204.19
Net earnings- 495.52221.68810.981 125.37131.45
Shareholders equity total- 444.8818.80829.781 955.151 965.61
Balance sheet total (assets)2 491.025 702.053 292.885 891.723 982.30
Net debt-1 652.00-3 939.09826.99-3 243.93- 178.45
Profitability
EBIT-%
ROA-19.6 %5.5 %21.1 %32.1 %4.1 %
ROE-39.0 %17.7 %191.1 %80.8 %6.7 %
ROI-93.0 %47.9 %61.3 %50.7 %6.3 %
Economic value added (EVA)- 456.89342.201 072.791 137.05286.93
Solvency
Equity ratio-15.2 %0.4 %25.2 %45.3 %49.4 %
Gearing153.6 %65.2 %64.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.51.63.02.2
Current ratio1.01.11.61.72.2
Cash and cash equivalents1 652.003 939.09447.794 518.711 453.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.14%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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