NOR-FOOD DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 15699086
Skibsbyggervej 21, 2660 Brøndby Strand
tel: 36770266

Company information

Official name
NOR-FOOD DENMARK ApS
Established
1991
Company form
Private limited company
Industry

About NOR-FOOD DENMARK ApS

NOR-FOOD DENMARK ApS (CVR number: 15699086) is a company from BRØNDBY. The company recorded a gross profit of 214.2 kDKK in 2023. The operating profit was 214.2 kDKK, while net earnings were 167.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.9 %, which can be considered excellent and Return on Equity (ROE) was 34.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. NOR-FOOD DENMARK ApS's liquidity measured by quick ratio was 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-11.5390.26151.75215.47214.17
EBIT-11.5390.26151.75215.47214.17
Net earnings-11.5390.58118.37168.08167.07
Shareholders equity total29.32119.90238.28406.36573.43
Balance sheet total (assets)93.55254.69671.54573.54767.62
Net debt0.02-23.72251.40-0.27-0.46
Profitability
EBIT-%
ROA-12.2 %51.8 %32.8 %34.6 %31.9 %
ROE-32.8 %121.4 %66.1 %52.1 %34.1 %
ROI-32.8 %121.0 %49.8 %48.1 %43.7 %
Economic value added (EVA)-13.5889.10113.54156.12146.67
Solvency
Equity ratio31.3 %47.1 %35.5 %70.9 %74.7 %
Gearing0.1 %105.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.91.53.44.0
Current ratio1.51.91.53.44.0
Cash and cash equivalents23.720.280.270.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:31.9%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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