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Nordic Gluten Free Bakery ApS — Credit Rating and Financial Key Figures

CVR number: 37912174
Erhvervsparken 18, Ølholm 7160 Tørring
lailafinding@nordicglutenfreebakery.dk
tel: 61284410
www.nordicglutenfreebakery.dk
Free credit report Annual report

Company information

Official name
Nordic Gluten Free Bakery ApS
Personnel
19 persons
Established
2016
Domicile
Ølholm
Company form
Private limited company
Industry

About Nordic Gluten Free Bakery ApS

Nordic Gluten Free Bakery ApS (CVR number: 37912174) is a company from HEDENSTED. The company recorded a gross profit of 17.4 mDKK in 2025. The operating profit was 6209.4 kDKK, while net earnings were 4822.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.2 %, which can be considered excellent and Return on Equity (ROE) was 34.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.7 %, 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. Nordic Gluten Free Bakery ApS's liquidity measured by quick ratio was 1.8 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit11 597.1111 383.2615 434.4017 039.4717 438.52
EBIT4 750.973 311.615 106.015 893.696 209.37
Net earnings3 594.992 482.273 947.784 623.054 822.93
Shareholders equity total6 844.569 326.8313 274.6115 397.6612 720.59
Balance sheet total (assets)11 436.6916 269.2517 144.7419 589.8516 795.45
Net debt249.263 872.6220.49268.88- 119.03
Profitability
EBIT-%
ROA40.2 %23.9 %30.7 %32.4 %34.2 %
ROE71.2 %30.7 %34.9 %32.2 %34.3 %
ROI55.3 %31.4 %37.3 %39.4 %42.1 %
Economic value added (EVA)3 210.792 177.393 318.683 899.514 023.65
Solvency
Equity ratio59.8 %57.3 %77.4 %78.6 %75.7 %
Gearing3.6 %41.5 %0.2 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.71.82.41.8
Current ratio1.11.22.53.32.4
Cash and cash equivalents119.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:34.2%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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