CARNAD A/S — Credit Rating and Financial Key Figures

CVR number: 34580375
Falstervej 6, 9670 Løgstør
info@carnad.com
tel: 21903860

Credit rating

Company information

Official name
CARNAD A/S
Personnel
11 persons
Established
2012
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About CARNAD A/S

CARNAD A/S (CVR number: 34580375) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 14.5 mDKK in 2024. The operating profit was 5772.1 kDKK, while net earnings were 4422.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CARNAD A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 045.8411 564.3110 554.6612 999.6114 507.30
EBIT2 721.145 893.452 284.973 629.355 772.09
Net earnings918.684 167.161 271.552 280.804 422.63
Shareholders equity total8 651.9712 819.1314 687.2317 167.8721 590.50
Balance sheet total (assets)23 911.6634 092.7734 837.5832 839.8934 082.11
Net debt12 261.7110 145.0813 116.767 935.621 972.46
Profitability
EBIT-%
ROA11.5 %20.3 %6.6 %10.7 %18.9 %
ROE11.2 %38.8 %9.2 %14.3 %22.8 %
ROI12.5 %22.7 %7.2 %11.4 %20.4 %
Economic value added (EVA)1 503.463 953.98847.481 835.953 305.18
Solvency
Equity ratio36.2 %37.6 %42.2 %52.3 %63.3 %
Gearing141.7 %93.7 %89.6 %47.1 %30.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.90.60.92.1
Current ratio1.01.51.21.83.3
Cash and cash equivalents1 866.9936.14143.604 529.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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