Nordic Cooking & Catering A/S — Credit Rating and Financial Key Figures

CVR number: 40766405
Oslo Plads 2, 2100 København Ø

Credit rating

Company information

Official name
Nordic Cooking & Catering A/S
Personnel
5 persons
Established
2019
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales4 332.8911 987.8011 667.687 178.18
Gross profit-19.751 546.383 835.354 267.251 831.63
EBIT-19.75-22.75502.24664.79- 229.57
Net earnings-17.54-22.19365.83452.73- 215.09
Shareholders equity total382.46360.28726.101 178.84963.75
Balance sheet total (assets)638.461 682.213 955.784 201.431 498.83
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)-15.41-15.48377.02527.85- 166.42
Solvency
Equity ratio59.9 %21.4 %18.4 %28.1 %64.3 %
Gearing
Relative net indebtedness %28.9 %19.1 %13.5 %0.0 %
Liquidity
Quick ratio1.71.11.11.32.4
Current ratio1.71.11.11.32.4
Cash and cash equivalents433.0368.63937.021 451.92532.63
Capital use efficiency
Trade debtors turnover (days)88.384.078.434.3
Net working capital %2.5 %3.9 %8.1 %10.3 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-7.81%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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