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 10.4 mDKK in 2024. The operating profit was 622.8 kDKK, while net earnings were -267.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.6 %. 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 2.6 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 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 6 145.92 | 5 101.80 | 10 380.75 |
| EBIT | -2 275.51 | -4 018.53 | 622.77 |
| Net earnings | -1 917.18 | -3 841.77 | - 267.22 |
| Shareholders equity total | -1 877.18 | -5 718.95 | -5 986.18 |
| Balance sheet total (assets) | 10 966.77 | 16 350.39 | 14 259.47 |
| Net debt | 8 608.07 | 16 436.53 | 16 170.66 |
| Profitability | |||
| EBIT-% | |||
| ROA | -17.7 % | -23.0 % | 3.0 % |
| ROE | -17.5 % | -28.1 % | -1.7 % |
| ROI | -22.4 % | -28.5 % | 3.6 % |
| Economic value added (EVA) | -1 729.59 | -3 656.38 | - 133.33 |
| Solvency | |||
| Equity ratio | -14.6 % | -25.9 % | -29.6 % |
| Gearing | -541.2 % | -313.5 % | -283.7 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 2.0 | 2.3 | 2.6 |
| Current ratio | 2.6 | 2.8 | 3.3 |
| Cash and cash equivalents | 1 552.00 | 1 492.15 | 810.31 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BB | BBB |
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