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Nortech VVS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nortech VVS ApS
Nortech VVS ApS (CVR number: 44090864) is a company from HORSENS. The company recorded a gross profit of 585.4 kDKK in 2025. The operating profit was -180.1 kDKK, while net earnings were -148.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.9 %, which can be considered poor and Return on Equity (ROE) was -25.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.6 %, 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. Nortech VVS ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | 2025 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 442.62 | 769.00 | 585.43 |
| EBIT | -34.21 | 66.00 | - 180.15 |
| Net earnings | -32.52 | 47.00 | - 148.15 |
| Shareholders equity total | 635.04 | 681.00 | 486.95 |
| Balance sheet total (assets) | 911.09 | 994.00 | 731.11 |
| Net debt | -82.69 | - 302.00 | -37.41 |
| Profitability | |||
| EBIT-% | |||
| ROA | -3.8 % | 6.9 % | -20.9 % |
| ROE | -5.1 % | 7.1 % | -25.4 % |
| ROI | -4.2 % | 8.0 % | -24.9 % |
| Economic value added (EVA) | -27.37 | 10.95 | - 184.18 |
| Solvency | |||
| Equity ratio | 69.7 % | 68.5 % | 66.6 % |
| Gearing | 1.3 % | 2.5 % | 3.7 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 1.8 | 2.1 | 0.5 |
| Current ratio | 1.8 | 2.1 | 0.5 |
| Cash and cash equivalents | 91.02 | 319.00 | 55.66 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BBB | BBB |
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