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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 38.7 kDKK in 2024. The operating profit was 24.5 kDKK, while net earnings were -93.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.3 %, which can be considered poor and Return on Equity (ROE) was -127.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. NORDIC TRADING GROUP ApS's liquidity measured by quick ratio was 0.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -16.77 | -12.36 | -7.76 | -34.23 | 38.70 |
| EBIT | -41.73 | -33.32 | -19.78 | -34.23 | 24.48 |
| Net earnings | 224.07 | - 220.96 | 61.61 | -15.75 | -93.95 |
| Shareholders equity total | 295.70 | 74.74 | 136.35 | 120.59 | 26.65 |
| Balance sheet total (assets) | 479.00 | 186.19 | 216.82 | 233.73 | 87.15 |
| Net debt | 108.96 | 48.51 | 0.05 | -43.16 | -0.53 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 59.3 % | -67.1 % | 28.8 % | -3.9 % | -45.3 % |
| ROE | 122.0 % | -119.3 % | 58.4 % | -12.3 % | -127.6 % |
| ROI | 72.1 % | -84.1 % | 44.2 % | -6.9 % | -98.7 % |
| Economic value added (EVA) | -51.55 | -48.04 | -27.64 | -38.36 | 10.95 |
| Solvency | |||||
| Equity ratio | 61.7 % | 40.1 % | 62.9 % | 51.6 % | 30.6 % |
| Gearing | 37.3 % | 66.7 % | 1.0 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.3 | 0.8 | 0.6 | 0.8 |
| Current ratio | 0.6 | 0.3 | 0.8 | 0.6 | 0.8 |
| Cash and cash equivalents | 1.38 | 1.38 | 1.38 | 43.16 | 0.53 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | B |
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