NORDICO TRADING COMPANY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDICO TRADING COMPANY ApS
NORDICO TRADING COMPANY ApS (CVR number: 28300859) is a company from GENTOFTE. The company recorded a gross profit of -4177.6 kDKK in 2018. The operating profit was -4515.6 kDKK, while net earnings were 414 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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. NORDICO TRADING COMPANY 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 415.35 | 203.67 | -4 177.65 |
EBIT | -5.04 | - 244.11 | -4 515.56 |
Net earnings | - 148.80 | - 317.29 | 413.97 |
Shareholders equity total | 58.43 | - 258.87 | 155.11 |
Balance sheet total (assets) | 7 744.85 | 7 696.88 | 3 163.94 |
Net debt | 6 792.08 | 6 942.86 | 2 222.06 |
Profitability | |||
EBIT-% | |||
ROA | -0.1 % | -3.1 % | 8.7 % |
ROE | -254.7 % | -8.2 % | 10.5 % |
ROI | -0.1 % | -3.5 % | 10.4 % |
Economic value added (EVA) | -3.58 | - 243.93 | -4 501.15 |
Solvency | |||
Equity ratio | 81.7 % | 78.1 % | 45.1 % |
Gearing | 11731.3 % | -2692.8 % | 1434.9 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.1 | 0.0 | 1.8 |
Current ratio | 5.3 | 4.4 | 1.8 |
Cash and cash equivalents | 62.08 | 27.88 | 3.65 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BB |
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