House of Nordic Design ApS — Credit Rating and Financial Key Figures

CVR number: 43891707
Forhåbningsholms Alle 21, 1904 Frederiksberg C
tel: 28790870

Company information

Official name
House of Nordic Design ApS
Personnel
1 person
Established
2023
Company form
Private limited company
Industry

About House of Nordic Design ApS

House of Nordic Design ApS (CVR number: 43891707) is a company from FREDERIKSBERG. The company recorded a gross profit of 208.8 kDKK in 2024. The operating profit was -165.5 kDKK, while net earnings were -129 kDKK. The profitability of the company measured by Return on Assets (ROA) was -62.1 %, which can be considered poor and Return on Equity (ROE) was -69.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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. House of Nordic Design ApS's liquidity measured by quick ratio was 1.6 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
2023
2024
Volume
Net sales
Gross profit382.06208.77
EBIT269.15- 165.48
Net earnings209.18- 128.95
Shareholders equity total249.18120.23
Balance sheet total (assets)347.44181.60
Net debt- 212.34-96.20
Profitability
EBIT-%
ROA77.6 %-62.1 %
ROE83.9 %-69.8 %
ROI108.2 %-88.3 %
Economic value added (EVA)209.94- 141.59
Solvency
Equity ratio71.7 %66.2 %
Gearing2.2 %
Relative net indebtedness %
Liquidity
Quick ratio7.81.6
Current ratio7.81.6
Cash and cash equivalents212.3498.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-62.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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