Nordic Formulation Technology A/S

A/SActive

CVR 11158390Søholm Park 1, 2900 HellerupWholesale of chemical products· NACE 4685Est. 1987 · 39 years old13 employees

Overview

Nordic Formulation Technology A/S is a Danish A/S based in Hellerup, operating in the Wholesale of chemical products sector. Incorporated in 1987, the company has 13 employees and reported a gross profit of DKK 20.9m in its latest annual filing.

Gross profit 2026

20.9M DKK

+84% vs 2025

EBITDA margin (of gross profit)

67.9 %

+53% vs 2025

Net profit 2026

12.6M DKK

+65% vs 2025

Key ratios

See full ratios →

84.6 %

Very strong

Among the 20% highest rated companies in the industry

20222026

4.9×

Very strong

Among the 20% highest rated companies in the industry

20222026

17.5 %

Very strong

Among the 20% highest rated companies in the industry

20222026

EBITDA — year on year

DKK millions

Key figures

Annual report 2026

Gross profit	20.9M DKK	+84%
EBITDA	14.2M DKK	+53%
Net profit	12.6M DKK	+65%
Total assets	72.1M DKK	+55%
Equity	60.9M DKK	+62%
Employees	13	—

Contact

Address

Søholm Park 1, 2900 Hellerup

Phone

+45 3543 6611

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Financial development

In its most recent annual report (2026), Nordic Formulation Technology A/S reported a gross profit of DKK 20.9m, an increase of 84% on the year before. The figures on this page draw on 5 annual filings covering 2022 to 2026. The bottom line showed a net profit of DKK 12.6m, and the EBITDA margin stood at 67.9%.

At the end of 2026, equity financed 84.6% of the balance sheet, and current assets covered short-term debt 4.9 times.

Financials

Gross profit

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2026	2025	2024	2023	2022
Gross profit	20,927	11,352	5,966	6,295	8,051
Staff expenses	-6,716	-2,058	-1,803	-1,712	-2,380
EBITDA	14,211	9,293	4,163	4,582	5,671
Depreciation & amort.	-2,888	-45	-48	-63	-63
EBIT	11,323	9,248	4,115	4,519	5,607
Net financials	3,782	518	806	133	-88
Profit before tax	15,105	9,767	4,920	4,652	5,520
Tax	2,502	2,151	1,086	1,202	1,217
Net profit	12,602	7,616	3,834	3,450	4,302

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Balance sheet

DKK thousands

Item	2026	2025	2024	2023	2022
Total assets	72,056	46,453	36,041	33,152	31,365
Equity	60,932	37,610	29,994	26,160	22,710
Long-term debt	0	0	0	0	0
Short-term debt	10,445	8,838	6,040	6,989	8,647
Total debt	10,445	8,838	6,040	6,989	8,647

Financial ratios

5-year trend

EBITDA margin (of gross profit)

67.9 %

20222026

Equity ratio

84.6 %

Very strong

Among the 20% highest rated companies in the industry

20222026

Return on equity

20.7 %

Strong

Among the 40% highest rated companies in the industry

20222026

Net profit margin (of gross profit)

60.2 %

20222026

Asset turnover (of gross profit)

0.29×

20222026

Debt / equity

0.18×

Very strong

Among the 20% highest rated companies in the industry

20222026

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 40% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 30% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 20% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery strong

Among the 20% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 20% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 10% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery strong

Among the 20% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 40% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 20% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 20% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 20% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 20% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2026
Filed via CVR / Virk · Period 2025-05-01 – 2026-04-30
View PDF
Annual report 2025
Filed via CVR / Virk · Period 2024-05-01 – 2025-04-30
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-05-01 – 2024-04-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-05-01 – 2023-04-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-05-01 – 2022-04-30
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Frequently asked questions

What is the CVR number of Nordic Formulation Technology A/S?

Nordic Formulation Technology A/S is registered with CVR / Virk under CVR 11158390.

What is the gross profit of Nordic Formulation Technology A/S?

Nordic Formulation Technology A/S reported a gross profit of DKK 20.9m in 2026.

How many employees does Nordic Formulation Technology A/S have?

Nordic Formulation Technology A/S employs 13 people as of the latest annual report.

Where is Nordic Formulation Technology A/S headquartered?

Nordic Formulation Technology A/S's registered address is Søholm Park 1.