Yggdrasil Commodities ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 262.98 | 267 646.00 | |||
Gross profit | 5 262.98 | 45 573.23 | 165 473.00 | 5 573.00 | |
EBIT | 654.54 | 34 898.53 | 149 307.00 | 277 212.00 | 372 461.00 |
Net earnings | 5 875.16 | 27 677.43 | 109 498.00 | 219 776.00 | 279 342.00 |
Shareholders equity total | 20 112.38 | 35 319.39 | 145 856.00 | 353 352.00 | 386 335.00 |
Balance sheet total (assets) | 32 654.90 | 81 430.77 | 249 882.00 | 470 844.00 | 723 329.00 |
Net debt | 7 588.18 | -24 516.64 | - 121 047.00 | - 368 021.00 | - 567 513.00 |
Profitability | |||||
EBIT-% | 12.4 % | 139.2 % | |||
ROA | 19.0 % | 63.8 % | 90.2 % | 80.5 % | 64.7 % |
ROE | 29.2 % | 99.9 % | 120.9 % | 88.0 % | 75.5 % |
ROI | 22.0 % | 89.5 % | 145.7 % | 114.9 % | 104.5 % |
Economic value added (EVA) | 508.22 | 27 156.71 | 110 821.73 | 212 179.36 | 286 540.93 |
Solvency | |||||
Equity ratio | 61.6 % | 46.8 % | 58.4 % | 75.0 % | 53.4 % |
Gearing | 39.7 % | 50.8 % | 4.1 % | ||
Relative net indebtedness % | 230.8 % | -86.1 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 2.0 | 2.4 | 4.0 | 2.1 |
Current ratio | 1.1 | 2.0 | 2.4 | 4.0 | 2.1 |
Cash and cash equivalents | 395.68 | 42 475.64 | 127 047.00 | 368 021.00 | 567 513.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 928.5 | 153.2 | |||
Net working capital % | 23.6 % | 144.3 % | |||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | B |
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