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 536.3 kDKK in 2023. The operating profit was -301 kDKK, while net earnings were -236.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.6 %, which can be considered poor and Return on Equity (ROE) was -52.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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 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 | 727.23 | 780.03 | 1 252.12 | 1 223.87 | 536.34 |
EBIT | - 224.99 | -82.98 | 374.43 | 109.31 | - 300.96 |
Net earnings | - 176.04 | -83.69 | 287.90 | 91.81 | - 236.60 |
Shareholders equity total | 275.17 | 191.48 | 479.38 | 571.19 | 334.59 |
Balance sheet total (assets) | 514.65 | 493.15 | 672.68 | 739.98 | 501.57 |
Net debt | - 294.96 | - 205.36 | - 579.97 | - 574.08 | - 236.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.7 % | -16.1 % | 64.2 % | 15.4 % | -47.6 % |
ROE | -13.4 % | -35.9 % | 85.8 % | 17.5 % | -52.2 % |
ROI | -17.1 % | -33.8 % | 106.8 % | 20.1 % | -60.4 % |
Economic value added (EVA) | - 271.33 | -83.99 | 291.77 | 101.10 | - 240.02 |
Solvency | |||||
Equity ratio | 53.5 % | 38.8 % | 71.3 % | 77.2 % | 66.7 % |
Gearing | 1.7 % | 4.3 % | 4.6 % | 2.5 % | 17.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.6 | 3.4 | 4.3 | 3.0 |
Current ratio | 1.7 | 1.6 | 3.4 | 4.3 | 3.0 |
Cash and cash equivalents | 299.59 | 213.59 | 602.03 | 588.33 | 295.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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