NORDIC POWER TRADING FUND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC POWER TRADING FUND A/S
NORDIC POWER TRADING FUND A/S (CVR number: 36539496) is a company from KOLDING. The company recorded a gross profit of -2562.1 kDKK in 2023. The operating profit was -12.7 mDKK, while net earnings were -5657.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDIC POWER TRADING FUND A/S's liquidity measured by quick ratio was 42.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 34 629.90 | -20 750.55 | 19 331.46 | 51 409.10 | -2 562.05 |
EBIT | 32 953.96 | -24 497.61 | 14 214.49 | 44 473.79 | -12 712.72 |
Net earnings | 32 206.65 | -25 681.97 | 12 932.77 | 43 533.33 | -5 657.92 |
Shareholders equity total | 127 106.79 | 110 882.08 | 128 136.31 | 201 563.83 | 257 637.36 |
Balance sheet total (assets) | 127 715.44 | 112 408.73 | 130 468.12 | 211 184.44 | 263 847.18 |
Net debt | - 126 586.91 | - 107 461.44 | - 127 497.97 | - 204 628.92 | - 214 000.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 30.6 % | -20.4 % | 11.7 % | 26.0 % | -2.4 % |
ROE | 30.4 % | -21.6 % | 10.8 % | 26.4 % | -2.5 % |
ROI | 31.1 % | -20.6 % | 11.9 % | 27.0 % | -2.4 % |
Economic value added (EVA) | 33 069.83 | -24 523.74 | 14 042.61 | 44 441.71 | -12 558.70 |
Solvency | |||||
Equity ratio | 99.5 % | 98.6 % | 98.2 % | 95.4 % | 97.6 % |
Gearing | 1.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 209.8 | 73.5 | 55.9 | 21.9 | 42.5 |
Current ratio | 209.8 | 73.5 | 55.9 | 21.9 | 42.5 |
Cash and cash equivalents | 126 586.91 | 107 461.44 | 127 497.97 | 204 628.92 | 217 743.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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