Nordic Food Service ApS — Credit Rating and Financial Key Figures

CVR number: 37071234
Andkærvej 19 A, 7100 Vejle
morten@nordicfoodservice.dk
tel: 31315131
www.nordicfoodservice.dk
Free credit report Annual report

Credit rating

Company information

Official name
Nordic Food Service ApS
Personnel
47 persons
Established
2015
Company form
Private limited company
Industry

About Nordic Food Service ApS

Nordic Food Service ApS (CVR number: 37071234) is a company from VEJLE. The company recorded a gross profit of 11.5 mDKK in 2024. The operating profit was 993.8 kDKK, while net earnings were 1572.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent and Return on Equity (ROE) was 138.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordic Food Service ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 796.153 712.796 079.429 979.3411 506.49
EBIT254.10- 691.37- 311.44354.56993.76
Net earnings196.421 539.00-1 731.94172.571 572.92
Shareholders equity total370.931 909.94178.00350.571 923.49
Balance sheet total (assets)2 409.045 280.068 971.308 937.528 692.98
Net debt- 385.99733.645 767.543 417.123 089.93
Profitability
EBIT-%
ROA12.6 %41.0 %-4.3 %5.2 %21.7 %
ROE72.0 %134.9 %-165.9 %65.3 %138.3 %
ROI59.5 %96.4 %-7.1 %9.7 %43.7 %
Economic value added (EVA)183.88- 721.24- 445.4055.80808.19
Solvency
Equity ratio15.4 %36.2 %2.0 %3.9 %22.1 %
Gearing5.2 %38.4 %3240.2 %974.7 %160.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.30.40.40.4
Current ratio1.00.30.50.50.5
Cash and cash equivalents405.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:21.7%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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