Pure Algae Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 311.72 | - 222.56 | 884.34 | 848.74 | 2 148.80 |
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 total | 4.50 | 570.28 | - 618.52 | -2 530.68 | 1 476.97 |
Balance sheet total (assets) | 237.19 | 794.24 | 840.65 | 709.19 | 2 183.84 |
Net debt | - 141.92 | - 170.31 | 1 039.84 | 1 344.05 | - 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 ratio | 1.9 % | 71.8 % | 50.7 % | -66.7 % | 67.6 % |
Gearing | -170.7 % | -53.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 3.2 | 0.8 | 0.3 | 6.4 |
Current ratio | 1.7 | 3.2 | 0.8 | 0.3 | 6.4 |
Cash and cash equivalents | 141.92 | 170.31 | 15.91 | 14.48 | 364.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | C | BB |
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