Plant Food Nordic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Plant Food Nordic ApS
Plant Food Nordic ApS (CVR number: 35847421) is a company from HADERSLEV. The company recorded a gross profit of -265 kDKK in 2023. The operating profit was -899.2 kDKK, while net earnings were -711.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36 %, which can be considered poor and Return on Equity (ROE) was -50 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. Plant Food Nordic 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 | |||||
Gross profit | 105.26 | 1 531.11 | 1 421.08 | 677.55 | - 264.98 |
EBIT | 105.26 | 1 531.11 | 731.01 | - 456.44 | - 899.18 |
Net earnings | 69.73 | 1 182.74 | 525.89 | - 367.16 | - 711.93 |
Shareholders equity total | 1 188.32 | 2 371.06 | 2 146.95 | 1 779.79 | 1 067.85 |
Balance sheet total (assets) | 4 265.76 | 6 345.06 | 4 271.96 | 2 934.96 | 2 036.39 |
Net debt | 1 271.48 | 2 608.50 | -1 721.27 | -1 808.23 | - 604.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.6 % | 28.9 % | 13.8 % | -12.6 % | -36.0 % |
ROE | 6.0 % | 66.5 % | 23.3 % | -18.7 % | -50.0 % |
ROI | 3.0 % | 32.6 % | 16.7 % | -16.4 % | -40.4 % |
Economic value added (EVA) | 44.42 | 1 195.88 | 486.93 | - 331.93 | - 665.22 |
Solvency | |||||
Equity ratio | 27.9 % | 37.4 % | 50.3 % | 60.6 % | 52.4 % |
Gearing | 210.3 % | 140.9 % | 42.3 % | 38.8 % | 82.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.6 | 1.9 | 2.4 | 2.1 |
Current ratio | 1.4 | 1.6 | 1.9 | 2.4 | 2.1 |
Cash and cash equivalents | 1 227.52 | 732.10 | 2 629.92 | 2 499.09 | 1 486.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | A | BBB | BB |
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