New Nordic Software IVS
IVSDissolvedAdvertising protectionCVR 39797364Ryesgade 77, 2100 København ØComputerprogrammering· NACE 620100Est. 2018 · 8 years old— employees
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Overview
New Nordic Software IVS is a Danish IVS based in København Ø, operating in the Computerprogrammering sector. Incorporated in 2018, the company reported revenue of DKK 16.0k in its latest annual filing.
Revenue 2019
16K DKK
EBITDA margin
100.0 %
Net profit 2019
17.5K DKK
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
33.8 %
AverageAround the average of companies in the same industry
20192019
Liquidity ratioCurrent assets ÷ Short-term debt
1.5×
AverageAround the average of companies in the same industry
20192019
Return on assets (ROA)Net profit ÷ Total assets × 100
87.4 %
Very strongAmong the 10% highest rated companies in the industry
20192019
EBITDA — year on year
DKK thousandsKey figures
Annual report 2019| Revenue | 16K DKK | — |
| EBITDA | 16K DKK | — |
| Net profit | 17.5K DKK | — |
| Total assets | 20K DKK | — |
| Equity | 6.8K DKK | — |
| Employees | — | — |
Company information
Legal name
New Nordic Software IVS
CVR number
39797364
Legal form
Iværksætterselskab
NACE code
620100 · Computerprogrammering
Founded
20 August 2018 · 8 years
Share capital
DKK 1
Employees
—
VAT registered
No
Audit selected
No
Last report
2019-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af en direktør alene.
Contact
Address
Ryesgade 77, 2100 København Ø
Advertising protection
Active — opted out of marketing use
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Financial development
In its most recent annual report (2019), New Nordic Software IVS reported revenue of DKK 16.0k. The bottom line showed a net profit of DKK 17.5k, and the EBITDA margin stood at 100%.
At the end of 2019, equity financed 33.8% of the balance sheet, and current assets covered short-term debt 1.5 times.
Financials
Revenue
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2019 |
|---|---|
| Revenue | 16 |
| Staff expenses | -0 |
| EBITDA | 16 |
| Depreciation & amort. | -0 |
| EBIT | 16 |
| Net financials | 0 |
| Profit before tax | 16 |
| Tax | -1 |
| Net profit | 17 |
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Balance sheet
DKK thousands| Item | 2019 |
|---|---|
| Total assets | 20 |
| Equity | 7 |
| Long-term debt | 0 |
| Short-term debt | 13 |
| Total debt | 13 |
Financial ratios
5-year trendEBITDA margin
100.0 %
20192019
Equity ratio
33.8 %
AverageAround the average of companies in the same industry
20192019
Return on equity
258.5 %
Very strongAmong the 10% highest rated companies in the industry
20192019
Net profit margin
109.2 %
Very strongAmong the 10% highest rated companies in the industry
20192019
Asset turnover
0.80×
AverageAround the average of companies in the same industry
20192019
Debt / equity
1.96×
WeakAmong the 30% lowest rated companies in the industry
20192019
Sector performance
20 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 10% highest rated companies in the industry
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 marginVery strong
Among the 10% highest rated companies in the industry
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 marginVery strong
Among the 10% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 10% 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 10% 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)Very strong
Among the 10% 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)Very strong
Among the 10% 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 ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Liquidity
Current ratioAverage
Around the average of companies in the same 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 ratioAverage
Around the average of companies in the same 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 weak
Among the 20% lowest 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 capitalVery strong
Among the 10% highest 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 ratioWeak
Among the 40% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest 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 20% 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 20% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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
Asset turnoverAverage
Around the average of companies in the same industry
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.
Equity to contributed capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
One-year change in debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
TV Chief Executive Officer | Chief Executive Officer | 2018 – 2021 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2018 |
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Company hierarchy
Fektion IVS
New Nordic Software IVS Board network connections
Board members of New Nordic Software IVS hold no positions in other companies.
Frequently asked questions
What is the CVR number of New Nordic Software IVS?
New Nordic Software IVS is registered with CVR / Virk under CVR 39797364.
What is the revenue of New Nordic Software IVS?
New Nordic Software IVS reported revenue of DKK 16.0k in 2019.
Where is New Nordic Software IVS headquartered?
New Nordic Software IVS's registered address is Ryesgade 77, 1. th.