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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 625.9 kDKK in 2025. The operating profit was -752.4 kDKK, while net earnings were 12 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78 %, 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. asNORDCON A/S's liquidity measured by quick ratio was 0.5 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 402.31 | 193.18 | 470.09 | 330.68 | 625.93 |
| EBIT | - 903.19 | -1 207.23 | - 830.97 | -1 014.34 | - 752.38 |
| Net earnings | 9 313.13 | 28 183.26 | -6 731.05 | -16 191.11 | 11 994.23 |
| Shareholders equity total | 26 596.33 | 54 779.59 | 48 048.54 | 31 695.41 | 43 754.21 |
| Balance sheet total (assets) | 26 882.17 | 54 949.57 | 48 352.07 | 31 976.40 | 56 107.71 |
| Net debt | -5 191.98 | - 174.01 | - 789.46 | - 287.41 | 11 649.98 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 32.9 % | 68.3 % | -13.3 % | -40.8 % | 27.2 % |
| ROE | 34.6 % | 69.3 % | -13.1 % | -40.6 % | 31.8 % |
| ROI | 33.5 % | 68.7 % | -13.4 % | -41.1 % | 27.4 % |
| Economic value added (EVA) | -2 143.64 | -2 290.05 | -3 414.18 | -3 222.61 | -2 186.90 |
| Solvency | |||||
| Equity ratio | 98.9 % | 99.7 % | 99.4 % | 99.1 % | 78.0 % |
| Gearing | 27.7 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 19.9 | 21.0 | 4.4 | 2.5 | 0.5 |
| Current ratio | 20.0 | 21.3 | 4.6 | 2.5 | 0.5 |
| Cash and cash equivalents | 5 191.98 | 174.01 | 789.46 | 287.41 | 472.29 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | AA | A | BBB | A |
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