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CanNordic a/s — Credit Rating and Financial Key Figures
Credit rating
Company information
About CanNordic a/s
CanNordic a/s (CVR number: 33871902) is a company from KØBENHAVN. The company recorded a gross profit of -100.4 kDKK in 2025. The operating profit was -5888.5 kDKK, while net earnings were -6219.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.6 %, which can be considered poor and Return on Equity (ROE) was -84 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CanNordic a/s's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 438.93 | 506.32 | -3 918.90 | - 477.67 | - 100.39 |
| EBIT | 867.62 | -5 113.63 | -9 681.95 | -5 414.62 | -5 888.49 |
| Net earnings | 1 480.25 | -4 299.26 | -8 240.44 | -4 881.64 | -6 219.72 |
| Shareholders equity total | 1 940.02 | 640.77 | 400.33 | 10 518.69 | 4 298.97 |
| Balance sheet total (assets) | 11 864.45 | 21 373.26 | 18 968.77 | 19 940.45 | 18 558.69 |
| Net debt | 8 527.58 | 15 818.76 | 13 206.61 | 2 243.49 | 773.23 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.3 % | -30.7 % | -48.1 % | -27.8 % | -30.6 % |
| ROE | 149.0 % | -333.2 % | -1583.0 % | -89.4 % | -84.0 % |
| ROI | 11.6 % | -36.3 % | -62.8 % | -41.1 % | -66.0 % |
| Economic value added (EVA) | 408.85 | -4 412.10 | -8 305.69 | -4 764.58 | -6 289.66 |
| Solvency | |||||
| Equity ratio | 16.4 % | 3.6 % | 2.4 % | 57.8 % | 29.2 % |
| Gearing | 441.5 % | 2564.5 % | 3303.6 % | 21.3 % | 18.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.8 | 0.5 | 1.4 | 0.7 |
| Current ratio | 0.5 | 0.7 | 0.6 | 1.2 | 0.6 |
| Cash and cash equivalents | 36.84 | 613.70 | 18.52 | 0.93 | 7.87 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | B | B | BB | B |
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