Nordic Harvest A/S — Credit Rating and Financial Key Figures

CVR number: 40337792
Litauen Alle 13, Høje Taastrup 2630 Taastrup
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Company information

Official name
Nordic Harvest A/S
Personnel
29 persons
Established
2019
Domicile
Høje Taastrup
Company form
Limited company
Industry

About Nordic Harvest A/S

Nordic Harvest A/S (CVR number: 40337792) is a company from Høje-Taastrup. The company recorded a gross profit of -4759.8 kDKK in 2024. The operating profit was -25.6 mDKK, while net earnings were -37.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -32.4 %, which can be considered poor and Return on Equity (ROE) was -96.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Nordic Harvest A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4 537.88-10 054.44-10 680.67-3 177.70-4 759.84
EBIT-6 662.70-24 450.50-31 871.20-23 723.80-25 582.35
Net earnings-5 346.70-24 583.04-33 366.95-29 905.92-37 114.62
Shareholders equity total46 520.5831 610.91-1 756.04-28 111.96-52 831.40
Balance sheet total (assets)49 027.0748 333.5150 530.7739 391.8637 644.33
Net debt-5 078.017 835.9541 330.1362 242.6981 890.05
Profitability
EBIT-%
ROA-26.7 %-49.8 %-63.3 %-39.6 %-32.4 %
ROE-22.6 %-62.9 %-54.0 %-45.6 %-96.4 %
ROI-28.2 %-50.8 %-64.1 %-41.9 %-35.5 %
Economic value added (EVA)-5 200.44-26 416.40-33 551.02-28 710.07-26 710.57
Solvency
Equity ratio94.9 %65.4 %43.1 %61.3 %44.5 %
Gearing0.1 %31.8 %-2911.5 %-221.4 %-155.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.7108.41.20.00.0
Current ratio5.7108.41.20.00.0
Cash and cash equivalents5 119.922 221.109 797.140.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-32.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.5%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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