NORDIC TRADING GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC TRADING GROUP ApS
NORDIC TRADING GROUP ApS (CVR number: 32780881) is a company from GENTOFTE. The company recorded a gross profit of -34.2 kDKK in 2023. The operating profit was -34.2 kDKK, while net earnings were -15.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.6 %, 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. NORDIC TRADING GROUP ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 260.11 | -16.77 | -12.36 | -7.76 | -34.23 |
EBIT | 235.16 | -41.73 | -33.32 | -19.78 | -34.23 |
Net earnings | - 395.29 | 224.07 | - 220.96 | 61.61 | -15.75 |
Shareholders equity total | 71.64 | 295.70 | 74.74 | 136.35 | 120.59 |
Balance sheet total (assets) | 252.71 | 479.00 | 186.19 | 216.82 | 233.73 |
Net debt | 113.83 | 108.96 | 48.51 | 0.05 | -43.16 |
Profitability | |||||
EBIT-% | |||||
ROA | -72.6 % | 59.3 % | -67.1 % | 28.8 % | -3.9 % |
ROE | -146.8 % | 122.0 % | -119.3 % | 58.4 % | -12.3 % |
ROI | -84.7 % | 72.1 % | -84.1 % | 44.2 % | -6.9 % |
Economic value added (EVA) | 172.45 | -39.80 | -26.47 | -17.01 | -28.92 |
Solvency | |||||
Equity ratio | 28.3 % | 61.7 % | 40.1 % | 62.9 % | 51.6 % |
Gearing | 172.8 % | 37.3 % | 66.7 % | 1.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.3 | 0.8 | 0.6 |
Current ratio | 0.4 | 0.6 | 0.3 | 0.8 | 0.6 |
Cash and cash equivalents | 9.97 | 1.38 | 1.38 | 1.38 | 43.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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