Nordic Formulas ApS — Credit Rating and Financial Key Figures

CVR number: 43785710
Toldbodgade 51 C, 1253 København K
mikesejrup@hotmail.com
Free credit report Annual report

Company information

Official name
Nordic Formulas ApS
Established
2023
Company form
Private limited company
Industry

About Nordic Formulas ApS

Nordic Formulas ApS (CVR number: 43785710) is a company from KØBENHAVN. The company recorded a gross profit of -1.5 kDKK in 2024. The operating profit was -1.5 kDKK, while net earnings were -1.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -34.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. Nordic Formulas ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit-44.96-1.50
EBIT-44.96-1.50
Net earnings-34.96-1.50
Shareholders equity total5.043.54
Balance sheet total (assets)11.0411.04
Net debt-1.046.46
Profitability
EBIT-%
ROA-407.2 %-13.6 %
ROE-693.3 %-34.9 %
ROI-891.7 %-18.7 %
Economic value added (EVA)-34.96-1.75
Solvency
Equity ratio45.7 %32.1 %
Gearing211.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.5
Current ratio1.81.5
Cash and cash equivalents1.041.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-13.6%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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