Nordic Cooking & Catering A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordic Cooking & Catering A/S
Nordic Cooking & Catering A/S (CVR number: 40766405) is a company from KØBENHAVN. The company reported a net sales of 7.2 mDKK in 2024, demonstrating a decline of -38.5 % compared to the previous year. The operating profit percentage was poor at -3.2 % (EBIT: -0.2 mDKK), while net earnings were -215.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -20.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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 Cooking & Catering A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 332.89 | 11 987.80 | 11 667.68 | 7 178.18 | |
Gross profit | -19.75 | 1 546.38 | 3 835.35 | 4 267.25 | 1 831.63 |
EBIT | -19.75 | -22.75 | 502.24 | 664.79 | - 229.57 |
Net earnings | -17.54 | -22.19 | 365.83 | 452.73 | - 215.09 |
Shareholders equity total | 382.46 | 360.28 | 726.10 | 1 178.84 | 963.75 |
Balance sheet total (assets) | 638.46 | 1 682.21 | 3 955.78 | 4 201.43 | 1 498.83 |
Net debt | - 433.03 | -68.63 | - 937.02 | -1 451.92 | - 532.63 |
Profitability | |||||
EBIT-% | -0.5 % | 4.2 % | 5.7 % | -3.2 % | |
ROA | -3.1 % | -2.0 % | 17.8 % | 16.4 % | -7.8 % |
ROE | -4.6 % | -6.0 % | 67.3 % | 47.5 % | -20.1 % |
ROI | -5.2 % | -6.1 % | 92.4 % | 70.2 % | -20.8 % |
Economic value added (EVA) | -15.41 | -15.48 | 377.02 | 527.85 | - 166.42 |
Solvency | |||||
Equity ratio | 59.9 % | 21.4 % | 18.4 % | 28.1 % | 64.3 % |
Gearing | |||||
Relative net indebtedness % | 28.9 % | 19.1 % | 13.5 % | 0.0 % | |
Liquidity | |||||
Quick ratio | 1.7 | 1.1 | 1.1 | 1.3 | 2.4 |
Current ratio | 1.7 | 1.1 | 1.1 | 1.3 | 2.4 |
Cash and cash equivalents | 433.03 | 68.63 | 937.02 | 1 451.92 | 532.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 88.3 | 84.0 | 78.4 | 34.3 | |
Net working capital % | 2.5 % | 3.9 % | 8.1 % | 10.3 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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