Nordic Defined A/S is a Danish A/S based in Tommerup, operating in the Wholesale of other household goods sector. Incorporated in 2011, the company has 1 employee.
| Gross profit | — | — |
| EBITDA | -2.5M DKK | +57% |
| Net profit | -2.9M DKK | +63% |
| Total assets | 3.6M DKK | -34% |
| Equity | -10.2M DKK | -40% |
| Employees | 1 | — |
The figures on this page draw on 4 annual filings covering 2012 to 2015. The bottom line showed a net loss of DKK 2.9m.
At the end of 2015, current assets covered short-term debt 0.2 times.
| Item | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|
| Gross profit | — | -1,996 | -704 | 321 |
| Staff expenses | -2,777 | -3,784 | -2,841 | -1,909 |
| EBITDA | -2,475 | -5,780 | -3,545 | -1,588 |
| Depreciation & amort. | -211 | -1,375 | 140 | 66 |
| EBIT | -2,687 | -7,155 | -3,685 | -1,654 |
| Net financials | -967 | -678 | -298 | -177 |
| Profit before tax | -3,654 | -7,834 | -3,983 | -1,830 |
| Tax | -732 | -0 | -0 | -0 |
| Net profit | -2,922 | -7,834 | -3,983 | -1,830 |
| Item | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|
| Total assets | 3,634 | 5,525 | 5,271 | 3,110 |
| Equity | -10,164 | -7,283 | -3,235 | -1,330 |
| Long-term debt | 0 | 109 | 136 | 288 |
| Short-term debt | 13,477 | 12,384 | 8,370 | 4,153 |
| Total debt | 13,477 | 12,493 | 8,506 | 4,440 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
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 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.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
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.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|
ET Management | Management | 2012 – 2017 |
MH Chief Executive Officer | Chief Executive Officer | 2011 – 2012 |
| Name | Role | Member since |
|---|
HA Board of Directors | Board of Directors | 2011 – 2017 |
ET Board of Directors | Board of Directors | 2011 – 2017 |
EB Chairman | Chairman | 2012 – 2017 |
MH Board of Directors | Board of Directors | 2011 – 2012 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 0% | 0% | 2014 | |
| Company | 50–66.65% | 50–66.65% | 2014 | |
| Company | 25–33.32% | 25–33.32% | 2014 |
| Person | Role here | Other companies |
|---|---|---|
| Erik Bjarne Bruun Ludvigsen | Chairman | 18 companiesMany roles |
| Hans Arne Lyhr | Board of Directors | 11 companiesMany roles |
| Mads Henrik Kristensen | Chief Executive Officer | 3 companies |
| Esber Thiesen | Management | 1 company |