NORDTRÆ HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDTRÆ HOLDING A/S
NORDTRÆ HOLDING A/S (CVR number: 19147991) is a company from FREDERIKSHAVN. The company recorded a gross profit of 20 kDKK in 2023. The operating profit was -46.3 kDKK, while net earnings were 722.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORDTRÆ HOLDING A/S's liquidity measured by quick ratio was 3.3 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 | - 263.56 | - 157.93 | - 164.81 | - 120.05 | 20.03 |
EBIT | - 281.13 | - 175.51 | - 184.39 | - 201.49 | -46.28 |
Net earnings | 281.17 | 345.70 | 1 222.19 | -2 262.48 | 722.86 |
Shareholders equity total | 19 117.64 | 18 463.34 | 18 685.54 | 15 423.06 | 15 145.91 |
Balance sheet total (assets) | 19 420.93 | 22 743.83 | 23 312.17 | 19 964.89 | 19 585.23 |
Net debt | -12 450.90 | -9 116.06 | -10 301.12 | -7 630.62 | -7 448.96 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 2.3 % | 6.8 % | 1.4 % | 4.5 % |
ROE | 1.4 % | 1.8 % | 6.6 % | -13.3 % | 4.7 % |
ROI | 2.0 % | 2.3 % | 6.9 % | 1.4 % | 4.6 % |
Economic value added (EVA) | -1 138.43 | - 417.49 | - 146.79 | - 126.30 | 62.78 |
Solvency | |||||
Equity ratio | 98.4 % | 81.2 % | 80.2 % | 77.3 % | 77.3 % |
Gearing | 1.0 % | 22.6 % | 23.1 % | 28.3 % | 28.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 64.2 | 3.7 | 3.9 | 3.2 | 3.3 |
Current ratio | 64.2 | 3.7 | 3.9 | 3.2 | 3.3 |
Cash and cash equivalents | 12 651.46 | 13 279.98 | 14 616.40 | 11 990.50 | 11 822.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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