Nordic Marine Nutrition ApS — Credit Rating and Financial Key Figures

CVR number: 41090731
Hellebarden 7, 9230 Svenstrup J
krot@royalgreenland.com
tel: 22442445
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Company information

Official name
Nordic Marine Nutrition ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Nordic Marine Nutrition ApS

Nordic Marine Nutrition ApS (CVR number: 41090731) is a company from AALBORG. The company reported a net sales of 5.5 mDKK in 2024, demonstrating a growth of 279.7 % compared to the previous year. The operating profit percentage was poor at -18.4 % (EBIT: -1 mDKK), while net earnings were -1026.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.1 %, which can be considered poor and Return on Equity (ROE) was -43.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Marine Nutrition ApS's liquidity measured by quick ratio was 0.5 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 sales1 457.545 534.52
Gross profit75.88124.70-57.10- 343.7827.60
EBIT75.88124.70-57.10- 860.00-1 020.24
Net earnings58.9870.20-60.20- 881.20-1 026.19
Shareholders equity total98.98169.19108.98- 772.21-1 798.40
Balance sheet total (assets)152.59232.30238.471 911.522 772.41
Net debt-78.84-31.60-8.932 487.794 459.36
Profitability
EBIT-%-59.0 %-18.4 %
ROA49.7 %64.8 %-24.3 %-58.9 %-28.1 %
ROE59.6 %52.4 %-43.3 %-87.2 %-43.8 %
ROI76.7 %93.0 %-41.1 %-63.6 %-28.8 %
Economic value added (EVA)59.1984.99-65.60- 865.48-1 111.90
Solvency
Equity ratio64.9 %72.8 %45.7 %-28.8 %-39.3 %
Gearing-336.2 %-248.4 %
Relative net indebtedness %176.7 %82.5 %
Liquidity
Quick ratio2.53.71.80.50.5
Current ratio2.53.71.80.50.5
Cash and cash equivalents78.8431.608.93108.457.22
Capital use efficiency
Trade debtors turnover (days)188.040.1
Net working capital %-99.6 %-42.3 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-28.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-39.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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