Pure Algae Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 39807149
Havnecentervej 1, 8500 Grenaa
info@purealgae.dk
www.purealgae.dk
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Company information

Official name
Pure Algae Denmark ApS
Personnel
11 persons
Established
2018
Company form
Private limited company
Industry

About Pure Algae Denmark ApS

Pure Algae Denmark ApS (CVR number: 39807149) is a company from NORDDJURS. The company recorded a gross profit of 2148.8 kDKK in 2024. The operating profit was -859.7 kDKK, while net earnings were -548 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.6 %, which can be considered poor and Return on Equity (ROE) was -50.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.6 %, 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. Pure Algae Denmark ApS's liquidity measured by quick ratio was 6.4 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 profit311.72- 222.56884.34848.742 148.80
EBIT-97.52-1 425.79-1 160.57-1 826.62- 859.72
Net earnings-85.81-1 434.03-1 189.15-1 912.16- 548.04
Shareholders equity total4.50570.28- 618.52-2 530.681 476.97
Balance sheet total (assets)237.19794.24840.65709.192 183.84
Net debt- 141.92- 170.311 039.841 344.05- 364.75
Profitability
EBIT-%
ROA-43.6 %-276.5 %-103.0 %-77.7 %-28.6 %
ROE-181.0 %-499.0 %-168.6 %-246.8 %-50.1 %
ROI-94.1 %-368.0 %-134.5 %-148.4 %-53.8 %
Economic value added (EVA)-90.37-1 426.01-1 170.28-1 848.59- 487.48
Solvency
Equity ratio1.9 %71.8 %50.7 %-66.7 %67.6 %
Gearing-170.7 %-53.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.73.20.80.36.4
Current ratio1.73.20.80.36.4
Cash and cash equivalents141.92170.3115.9114.48364.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBCBB

Variable visualization

ROA:-28.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.6%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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