Nordic Noodle Frederiksberg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Noodle Frederiksberg ApS
Nordic Noodle Frederiksberg ApS (CVR number: 38602969) is a company from FREDERIKSBERG. The company recorded a gross profit of 2135.3 kDKK in 2023. The operating profit was -81.3 kDKK, while net earnings were 0.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor but Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Nordic Noodle Frederiksberg ApS's liquidity measured by quick ratio was 2.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 578.04 | 4 552.50 | 5 829.61 | ||
Gross profit | 1 570.96 | 1 884.71 | 2 006.75 | 2 514.98 | 2 135.35 |
EBIT | 97.93 | 282.37 | -49.54 | 300.72 | -81.32 |
Net earnings | 73.37 | 219.84 | -52.25 | 289.53 | 0.87 |
Shareholders equity total | 157.45 | 377.29 | 325.04 | 614.57 | 615.44 |
Balance sheet total (assets) | 700.42 | 1 133.85 | 1 348.85 | 1 156.09 | 1 127.05 |
Net debt | - 367.02 | - 564.98 | - 571.56 | - 406.04 | - 445.64 |
Profitability | |||||
EBIT-% | 2.7 % | 6.2 % | -0.8 % | ||
ROA | 16.9 % | 30.8 % | -4.0 % | 29.8 % | -7.1 % |
ROE | 61.0 % | 82.2 % | -14.9 % | 61.6 % | 0.1 % |
ROI | 80.3 % | 105.6 % | -13.9 % | 78.6 % | -13.2 % |
Economic value added (EVA) | 75.17 | 230.80 | -40.10 | 247.30 | -68.22 |
Solvency | |||||
Equity ratio | 22.5 % | 33.3 % | 24.1 % | 53.2 % | 54.6 % |
Gearing | 3.5 % | ||||
Relative net indebtedness % | 4.9 % | 4.2 % | 7.6 % | ||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | 1.3 | 2.9 | 2.1 |
Current ratio | 1.1 | 1.5 | 1.3 | 3.0 | 2.1 |
Cash and cash equivalents | 367.02 | 564.98 | 582.82 | 406.04 | 445.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.5 | ||||
Net working capital % | 2.1 % | 8.0 % | 4.9 % | ||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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