asNORDCON A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About asNORDCON A/S
asNORDCON A/S (CVR number: 38760149) is a company from AARHUS. The company recorded a gross profit of 470.1 kDKK in 2023. The operating profit was -831 kDKK, while net earnings were -6731 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.3 %, which can be considered poor and Return on Equity (ROE) was -13.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. asNORDCON A/S's liquidity measured by quick ratio was 4.4 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 | 21.23 | 1 120.38 | 402.31 | 193.18 | 470.09 |
EBIT | - 525.36 | -70.12 | - 903.19 | -1 207.23 | - 830.97 |
Net earnings | -2 155.62 | 29 992.34 | 9 313.13 | 28 183.26 | -6 731.05 |
Shareholders equity total | -2 709.15 | 27 283.19 | 26 596.33 | 54 779.59 | 48 048.54 |
Balance sheet total (assets) | 19 786.43 | 29 123.80 | 26 882.17 | 54 949.57 | 48 352.07 |
Net debt | 9 013.14 | - 691.46 | -5 191.98 | - 174.01 | - 789.46 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.6 % | 115.6 % | 32.9 % | 68.3 % | -13.3 % |
ROE | -11.2 % | 127.4 % | 34.6 % | 69.3 % | -13.1 % |
ROI | -7.7 % | 117.6 % | 33.5 % | 68.7 % | -13.4 % |
Economic value added (EVA) | 439.26 | 1 048.26 | - 814.03 | - 282.35 | 1 356.29 |
Solvency | |||||
Equity ratio | 33.7 % | 93.7 % | 98.9 % | 99.7 % | 99.4 % |
Gearing | -346.2 % | 3.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.4 | 6.1 | 19.9 | 21.0 | 4.4 |
Current ratio | 4.4 | 6.1 | 20.0 | 21.3 | 4.6 |
Cash and cash equivalents | 366.32 | 1 754.46 | 5 191.98 | 174.01 | 789.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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