NORDIC BIOSCIENCE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC BIOSCIENCE HOLDING A/S
NORDIC BIOSCIENCE HOLDING A/S (CVR number: 30511271K) is a company from HERLEV. The company reported a net sales of 527.4 mDKK in 2024, demonstrating a growth of 176.9 % compared to the previous year. The operating profit percentage was at 37.5 % (EBIT: 197.7 mDKK), while net earnings were 170.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 42.4 %, which can be considered excellent and Return on Equity (ROE) was 124.2 %, which can be considered excellent. 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 BIOSCIENCE HOLDING A/S's liquidity measured by quick ratio was 1.2 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 237.94 | 224.98 | 293.74 | 190.45 | 527.39 |
Gross profit | 237.94 | 224.98 | 296.10 | 132.42 | 465.56 |
EBIT | 79.63 | 37.36 | 50.95 | -17.63 | 197.73 |
Net earnings | 79.63 | 37.36 | 51.60 | 12.31 | 170.81 |
Shareholders equity total | 137.13 | 57.77 | 61.64 | 44.07 | 230.95 |
Balance sheet total (assets) | 228.26 | 288.54 | 720.32 | ||
Net debt | -60.62 | -81.95 | - 455.42 | ||
Profitability | |||||
EBIT-% | 33.5 % | 16.6 % | 17.3 % | -9.3 % | 37.5 % |
ROA | 22.6 % | -5.1 % | 42.4 % | ||
ROE | 18.9 % | 19.2 % | 43.2 % | 23.3 % | 124.2 % |
ROI | 18.9 % | 19.2 % | 31.9 % | -13.8 % | 119.3 % |
Economic value added (EVA) | 79.63 | 37.36 | 50.95 | -12.63 | 163.07 |
Solvency | |||||
Equity ratio | 50.0 % | 50.0 % | 26.7 % | 15.3 % | 32.1 % |
Gearing | |||||
Relative net indebtedness % | -57.6 % | -25.7 % | 36.1 % | 85.3 % | 6.4 % |
Liquidity | |||||
Quick ratio | 1.0 | 0.7 | 1.2 | ||
Current ratio | 1.2 | 0.8 | 1.3 | ||
Cash and cash equivalents | 60.62 | 81.95 | 455.42 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.7 | 40.7 | 57.4 | ||
Net working capital % | 57.6 % | 25.7 % | 7.6 % | -20.3 % | 23.6 % |
Credit risk | |||||
Credit rating | B | B | A | BBB | A |
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