NØRAGER GEDEFARM ApS — Credit Rating and Financial Key Figures

CVR number: 35837566
Nordre Ringgade 2, 9330 Dronninglund

Credit rating

Company information

Official name
NØRAGER GEDEFARM ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About NØRAGER GEDEFARM ApS

NØRAGER GEDEFARM ApS (CVR number: 35837566) is a company from Brønderslev. The company recorded a gross profit of 1158.9 kDKK in 2023. The operating profit was 427.8 kDKK, while net earnings were 162.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 57.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.9 %, 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 GEDEFARM ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit403.54700.93637.37977.801 158.87
EBIT- 276.88-52.73-99.72276.54427.81
Net earnings- 332.46- 184.54- 198.4491.29162.13
Shareholders equity total- 237.50-22.05- 220.48201.81363.94
Balance sheet total (assets)3 908.553 847.973 568.293 791.404 084.51
Net debt3 542.253 265.843 414.223 301.503 428.65
Profitability
EBIT-%
ROA-6.9 %-1.3 %-2.6 %7.3 %10.9 %
ROE-16.6 %-4.8 %-5.4 %4.8 %57.3 %
ROI-7.7 %-1.5 %-2.9 %7.8 %11.4 %
Economic value added (EVA)- 243.78-54.46-99.23207.32304.68
Solvency
Equity ratio-5.7 %-0.6 %-5.8 %5.3 %8.9 %
Gearing-1491.4 %-14813.1 %-1548.5 %1645.0 %942.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.0
Current ratio0.10.10.10.20.2
Cash and cash equivalents18.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.91%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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