NordicSub ApS — Credit Rating and Financial Key Figures

CVR number: 40990844
Flintager 11, 5330 Munkebo

Credit rating

Company information

Official name
NordicSub ApS
Personnel
4 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About NordicSub ApS

NordicSub ApS (CVR number: 40990844) is a company from KERTEMINDE. The company recorded a gross profit of 2030.6 kDKK in 2023. The operating profit was 289.4 kDKK, while net earnings were 254.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NordicSub ApS's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit576.001 361.003 062.002 030.65
EBIT15.00736.001 797.00289.42
Net earnings-35.00536.001 316.00254.31
Shareholders equity total5.00541.001 739.001 993.59
Balance sheet total (assets)861.001 472.004 018.003 762.79
Net debt475.00327.00- 118.00399.84
Profitability
EBIT-%
ROA1.7 %63.1 %66.4 %9.9 %
ROE-700.0 %196.3 %115.4 %13.6 %
ROI2.9 %102.9 %113.8 %15.3 %
Economic value added (EVA)15.00575.861 287.35161.64
Solvency
Equity ratio0.6 %36.8 %43.3 %53.0 %
Gearing9580.0 %60.4 %25.6 %30.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.01.41.8
Current ratio0.51.01.41.8
Cash and cash equivalents4.00563.00197.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBAAA

Variable visualization

ROA:9.93%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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