NORDIC SUGAR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC SUGAR A/S
NORDIC SUGAR A/S (CVR number: 29781834) is a company from KØBENHAVN. The company reported a net sales of 3165 mDKK in 2024, demonstrating a decline of -11.1 % compared to the previous year. The operating profit percentage was at 16.2 % (EBIT: 514 mDKK), while net earnings were 565 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDIC SUGAR A/S's liquidity measured by quick ratio was 2.5 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 175.00 | 2 233.00 | 2 778.00 | 3 560.00 | 3 165.00 |
Gross profit | 2 175.00 | 2 233.00 | 2 778.00 | 1 157.00 | 833.00 |
EBIT | 111.00 | 223.00 | 427.00 | 853.00 | 514.00 |
Net earnings | 87.00 | 150.00 | 261.00 | 721.00 | 565.00 |
Shareholders equity total | 1 873.00 | 2 067.00 | 2 309.00 | 2 978.00 | 3 582.00 |
Balance sheet total (assets) | 2 798.00 | 2 935.00 | 3 019.00 | 3 515.00 | 4 133.00 |
Net debt | 136.00 | 15.00 | |||
Profitability | |||||
EBIT-% | 5.1 % | 10.0 % | 15.4 % | 24.0 % | 16.2 % |
ROA | 4.0 % | 7.8 % | 14.3 % | 28.6 % | 18.1 % |
ROE | 4.8 % | 7.6 % | 11.9 % | 27.3 % | 17.2 % |
ROI | 4.3 % | 7.8 % | 14.3 % | 29.7 % | 19.7 % |
Economic value added (EVA) | -10.10 | 128.88 | 323.13 | 549.61 | 242.69 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 84.7 % | 86.7 % |
Gearing | 5.0 % | 0.8 % | |||
Relative net indebtedness % | 11.0 % | 12.2 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 2.5 | |||
Current ratio | 4.7 | 5.8 | |||
Cash and cash equivalents | 12.00 | 15.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 44.3 | 36.7 | |||
Net working capital % | 39.0 % | 58.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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