Nørmark Meat ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nørmark Meat ApS
Nørmark Meat ApS (CVR number: 43202901) is a company from VEJLE. The company recorded a gross profit of 5101.8 kDKK in 2023. The operating profit was -4018.5 kDKK, while net earnings were -3841.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23 %, which can be considered poor and Return on Equity (ROE) was -28.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nørmark Meat ApS's liquidity measured by quick ratio was 2.3 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 6 145.92 | 5 101.80 |
EBIT | -2 275.51 | -4 018.53 |
Net earnings | -1 917.18 | -3 841.77 |
Shareholders equity total | -1 877.18 | -5 718.95 |
Balance sheet total (assets) | 10 966.77 | 16 350.39 |
Net debt | 8 608.07 | 16 436.53 |
Profitability | ||
EBIT-% | ||
ROA | -17.7 % | -23.0 % |
ROE | -17.5 % | -28.1 % |
ROI | -22.4 % | -28.5 % |
Economic value added (EVA) | -1 729.59 | -3 067.84 |
Solvency | ||
Equity ratio | -14.6 % | -25.9 % |
Gearing | -541.2 % | -313.5 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 2.0 | 2.3 |
Current ratio | 2.6 | 2.8 |
Cash and cash equivalents | 1 552.00 | 1 492.15 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BBB | BB |
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