NORDFRIM A/S — Credit Rating and Financial Key Figures

CVR number: 26098157
Kvindevadet 42, Daugstrup 5450 Otterup
tel: 64821056

Company information

Official name
NORDFRIM A/S
Personnel
32 persons
Established
2001
Domicile
Daugstrup
Company form
Limited company
Industry

About NORDFRIM A/S

NORDFRIM A/S (CVR number: 26098157) is a company from NORDFYNS. The company recorded a gross profit of 16.8 mDKK in 2023. The operating profit was 736 kDKK, while net earnings were -1974.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47 %, 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. NORDFRIM A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit16 410.0013 913.5019 194.6016 301.7216 768.59
EBIT3 175.951 024.335 149.55485.19735.96
Net earnings2 371.581 334.723 329.46158.64-1 974.70
Shareholders equity total32 108.8233 325.0637 040.8045 782.9848 272.18
Balance sheet total (assets)102 760.4094 832.8198 021.91103 193.89104 224.50
Net debt60 301.6351 426.6551 462.1448 268.1042 403.40
Profitability
EBIT-%
ROA4.1 %2.9 %5.9 %1.4 %0.2 %
ROE7.7 %4.1 %9.5 %0.4 %-4.2 %
ROI4.6 %3.1 %6.3 %1.5 %0.2 %
Economic value added (EVA)1 781.13- 316.543 023.81- 585.68- 366.69
Solvency
Equity ratio31.2 %35.4 %38.3 %44.8 %47.0 %
Gearing190.6 %159.7 %140.8 %108.9 %90.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.40.40.4
Current ratio1.31.41.41.61.7
Cash and cash equivalents897.811 799.96677.641 577.521 032.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:0.20%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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