NØRAGER MEJERI A/S — Credit Rating and Financial Key Figures

NØRAGER MEJERI A/S (CVR number: 11567673) is a company from Brønderslev. The company reported a net sales of 680 mDKK in 2023, demonstrating a growth of 13.7 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 11.6 mDKK), while net earnings were 2555 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 17.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NØRAGER MEJERI A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.