Nordic Industries ApS — Credit Rating and Financial Key Figures

CVR number: 43995790
Gammeljord 40, Tvede 8930 Randers NØ

Credit rating

Company information

Official name
Nordic Industries ApS
Personnel
13 persons
Established
2023
Domicile
Tvede
Company form
Private limited company
Industry

About Nordic Industries ApS

Nordic Industries ApS (CVR number: 43995790) is a company from RANDERS. The company reported a net sales of 13.3 mDKK in 2024. The operating profit percentage was at 3 % (EBIT: 0.4 mDKK), while net earnings were 303.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Industries ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales13 344.42
Gross profit4 598.4113 344.42
EBIT- 252.61395.54
Net earnings- 261.46303.06
Shareholders equity total- 221.46343.06
Balance sheet total (assets)1 564.751 946.19
Net debt- 600.05- 461.53
Profitability
EBIT-%3.0 %
ROA-14.0 %21.2 %
ROE-16.7 %31.8 %
ROI-24792.8 %93.6 %
Economic value added (EVA)- 252.61319.60
Solvency
Equity ratio-12.4 %17.6 %
Gearing-0.5 %146.0 %
Relative net indebtedness %4.8 %
Liquidity
Quick ratio0.70.7
Current ratio0.70.7
Cash and cash equivalents601.06962.36
Capital use efficiency
Trade debtors turnover (days)6.2
Net working capital %-3.1 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:21.2%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.6%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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