Nordwecare A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordwecare A/S
Nordwecare A/S (CVR number: 31783224) is a company from FURESØ. The company recorded a gross profit of 1993.6 kDKK in 2021, demonstrating a decline of -37.4 % compared to the previous year. The operating profit was -345.3 kDKK, while net earnings were -362.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -25.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordwecare A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 15 605.25 | 25 078.47 | 8 618.58 | 6 512.36 | |
Gross profit | 12 751.19 | 21 309.82 | 6 660.10 | 3 186.26 | 1 993.62 |
EBIT | 26.59 | 3 830.58 | - 952.63 | - 162.80 | - 345.26 |
Net earnings | - 166.57 | 2 979.42 | - 891.02 | - 219.09 | - 362.58 |
Shareholders equity total | 3 616.25 | 6 595.67 | 2 804.66 | 1 585.57 | 1 222.99 |
Balance sheet total (assets) | 6 570.22 | 9 863.66 | 3 531.88 | 4 296.02 | 4 023.83 |
Net debt | -1 691.98 | -5 437.76 | -2 053.18 | - 317.77 | - 115.97 |
Profitability | |||||
EBIT-% | 0.2 % | 15.3 % | -11.1 % | -2.5 % | |
ROA | 0.9 % | 46.7 % | -13.7 % | -3.7 % | -8.3 % |
ROE | -3.9 % | 58.4 % | -19.0 % | -10.0 % | -25.8 % |
ROI | 1.4 % | 68.0 % | -19.1 % | -6.5 % | -24.6 % |
Economic value added (EVA) | -39.59 | 2 934.63 | - 940.21 | - 199.58 | - 408.97 |
Solvency | |||||
Equity ratio | 55.0 % | 66.9 % | 79.4 % | 36.9 % | 30.4 % |
Gearing | 24.7 % | 1.7 % | 0.7 % | ||
Relative net indebtedness % | 2.4 % | -9.4 % | -15.6 % | 36.7 % | |
Liquidity | |||||
Quick ratio | 2.2 | 3.0 | 4.2 | 1.5 | 1.4 |
Current ratio | 2.2 | 3.0 | 4.2 | 1.5 | 1.4 |
Cash and cash equivalents | 2 583.92 | 5 549.38 | 2 072.86 | 317.77 | 115.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.8 | 45.8 | 19.9 | 182.3 | |
Net working capital % | 23.2 % | 25.3 % | 26.9 % | 20.4 % | |
Credit risk | |||||
Credit rating | BBB | A | BBB | BB | BB |
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