NORDIC ORGANIC FOOD A/S — Credit Rating and Financial Key Figures

CVR number: 70714817
Havnegade 6 A, 8000 Aarhus C
la@nordic-organic.com
tel: 87464609
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Company information

Official name
NORDIC ORGANIC FOOD A/S
Personnel
1 person
Established
1982
Company form
Limited company
Industry

About NORDIC ORGANIC FOOD A/S

NORDIC ORGANIC FOOD A/S (CVR number: 70714817) is a company from AARHUS. The company recorded a gross profit of 702.1 kDKK in 2024. The operating profit was 2083.1 kDKK, while net earnings were 1458.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.1 %, 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. NORDIC ORGANIC FOOD A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit232.10577.23530.83526.83702.12
EBIT333.19545.21508.23513.062 083.10
Net earnings99.47312.05275.72236.241 458.56
Shareholders equity total5 078.835 390.885 666.605 902.847 361.40
Balance sheet total (assets)14 565.9114 576.0114 845.5914 293.7215 300.54
Net debt8 636.738 342.847 748.047 166.206 851.50
Profitability
EBIT-%
ROA2.3 %3.8 %3.5 %3.6 %14.1 %
ROE2.0 %6.0 %5.0 %4.1 %22.0 %
ROI2.4 %3.9 %3.6 %3.7 %14.5 %
Economic value added (EVA)- 531.47- 283.65- 325.70- 314.14940.09
Solvency
Equity ratio34.9 %37.0 %38.2 %41.3 %48.1 %
Gearing181.2 %165.7 %152.8 %134.1 %104.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.50.30.2
Current ratio0.50.40.50.30.2
Cash and cash equivalents565.00587.44911.60749.43801.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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