TERRA NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TERRA NORDIC A/S
TERRA NORDIC A/S (CVR number: 10977940) is a company from GENTOFTE. The company recorded a gross profit of -21.2 kDKK in 2023. The operating profit was -247.1 kDKK, while net earnings were -123.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.4 %, which can be considered poor and Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TERRA NORDIC A/S's liquidity measured by quick ratio was 50.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 60.31 | -19.54 | -62.01 | -28.72 | -21.18 |
EBIT | - 168.19 | - 174.54 | - 191.01 | - 263.72 | - 247.08 |
Net earnings | -49.42 | 540.13 | - 448.36 | - 182.30 | - 123.56 |
Shareholders equity total | 2 217.21 | 2 757.35 | 2 308.98 | 2 126.68 | 2 003.12 |
Balance sheet total (assets) | 2 275.30 | 2 807.22 | 2 355.29 | 2 174.31 | 2 043.95 |
Net debt | -2 252.93 | -2 783.50 | -2 325.58 | -2 134.16 | -2 006.58 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.9 % | 21.4 % | -4.4 % | -5.7 % | -5.4 % |
ROE | -2.2 % | 21.7 % | -17.7 % | -8.2 % | -6.0 % |
ROI | -2.0 % | 21.9 % | -4.4 % | -5.8 % | -5.5 % |
Economic value added (EVA) | - 170.87 | - 172.55 | - 190.34 | - 272.53 | - 258.73 |
Solvency | |||||
Equity ratio | 97.4 % | 98.2 % | 98.0 % | 97.8 % | 98.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 39.2 | 56.3 | 50.9 | 45.6 | 50.1 |
Current ratio | 39.2 | 56.3 | 50.9 | 45.6 | 50.1 |
Cash and cash equivalents | 2 252.93 | 2 783.50 | 2 325.58 | 2 134.16 | 2 006.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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