Yggdrasil Commodities ApS — Credit Rating and Financial Key Figures

CVR number: 40300643
Niels Jernes Vej 10, 9220 Aalborg Øst

Company information

Official name
Yggdrasil Commodities ApS
Personnel
28 persons
Established
2019
Company form
Private limited company
Industry

About Yggdrasil Commodities ApS

Yggdrasil Commodities ApS (CVR number: 40300643K) is a company from AALBORG. The company reported a net sales of 267.6 mDKK in 2023. The operating profit percentage was at 139.2 % (EBIT: 372.5 mDKK), while net earnings were 279.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 64.7 %, which can be considered excellent and Return on Equity (ROE) was 75.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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. Yggdrasil Commodities ApS's liquidity measured by quick ratio was 2.1 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 sales5 262.98267 646.00
Gross profit5 262.9845 573.23165 473.005 573.00
EBIT654.5434 898.53149 307.00277 212.00372 461.00
Net earnings5 875.1627 677.43109 498.00219 776.00279 342.00
Shareholders equity total20 112.3835 319.39145 856.00353 352.00386 335.00
Balance sheet total (assets)32 654.9081 430.77249 882.00470 844.00723 329.00
Net debt7 588.18-24 516.64- 121 047.00- 368 021.00- 567 513.00
Profitability
EBIT-%12.4 %139.2 %
ROA19.0 %63.8 %90.2 %80.5 %64.7 %
ROE29.2 %99.9 %120.9 %88.0 %75.5 %
ROI22.0 %89.5 %145.7 %114.9 %104.5 %
Economic value added (EVA)508.2227 156.71110 821.73212 179.36286 540.93
Solvency
Equity ratio61.6 %46.8 %58.4 %75.0 %53.4 %
Gearing39.7 %50.8 %4.1 %
Relative net indebtedness %230.8 %-86.1 %
Liquidity
Quick ratio1.12.02.44.02.1
Current ratio1.12.02.44.02.1
Cash and cash equivalents395.6842 475.64127 047.00368 021.00567 513.00
Capital use efficiency
Trade debtors turnover (days)928.5153.2
Net working capital %23.6 %144.3 %
Credit risk
Credit ratingAABBBBBBB

Variable visualization

ROA:64.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer
Chief executive officer

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