Nordic Design Limited ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Design Limited ApS
Nordic Design Limited ApS (CVR number: 37842036) is a company from RINGSTED. The company recorded a gross profit of 365.9 kDKK in 2024. The operating profit was -119.5 kDKK, while net earnings were -93.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.7 %, which can be considered poor and Return on Equity (ROE) was -32.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.1 %, 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. Nordic Design Limited ApS's liquidity measured by quick ratio was 2.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 780.03 | 1 252.12 | 1 223.87 | 536.34 | 365.91 |
EBIT | -82.98 | 374.43 | 109.31 | - 300.96 | - 119.46 |
Net earnings | -83.69 | 287.90 | 91.81 | - 236.60 | -93.52 |
Shareholders equity total | 191.48 | 479.38 | 571.19 | 334.59 | 241.07 |
Balance sheet total (assets) | 493.15 | 672.68 | 739.98 | 501.57 | 388.24 |
Net debt | - 205.36 | - 579.97 | - 574.08 | - 236.82 | - 114.60 |
Profitability | |||||
EBIT-% | |||||
ROA | -16.1 % | 64.2 % | 15.4 % | -47.6 % | -25.7 % |
ROE | -35.9 % | 85.8 % | 17.5 % | -52.2 % | -32.5 % |
ROI | -33.8 % | 106.8 % | 20.1 % | -60.4 % | -33.1 % |
Economic value added (EVA) | -83.99 | 291.77 | 101.10 | - 240.02 | -97.92 |
Solvency | |||||
Equity ratio | 38.8 % | 71.3 % | 77.2 % | 66.7 % | 62.1 % |
Gearing | 4.3 % | 4.6 % | 2.5 % | 17.5 % | 23.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 3.4 | 4.3 | 3.0 | 2.6 |
Current ratio | 1.6 | 3.4 | 4.3 | 3.0 | 2.6 |
Cash and cash equivalents | 213.59 | 602.03 | 588.33 | 295.46 | 171.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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