Nordic Greens Bellinge A/S — Credit Rating and Financial Key Figures

CVR number: 19146847
Assensvej 217, Bellinge 5250 Odense SV

Company information

Official name
Nordic Greens Bellinge A/S
Personnel
164 persons
Established
1996
Domicile
Bellinge
Company form
Limited company
Industry

About Nordic Greens Bellinge A/S

Nordic Greens Bellinge A/S (CVR number: 19146847) is a company from ODENSE. The company recorded a gross profit of 57.2 mDKK in 2024. The operating profit was 6481 kDKK, while net earnings were 3448 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 27.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordic Greens Bellinge A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit45 583.0049 621.0050 714.0048 481.0057 173.00
EBIT1 623.00-5 259.00-6 052.001 777.006 481.00
Net earnings18 591.00369.002 694.001 194.003 448.00
Shareholders equity total76 477.0092 832.0042 902.0043 704.0046 711.00
Balance sheet total (assets)106 417.00171 113.00115 621.00137 983.00172 093.00
Net debt76 678.0099 232.00
Profitability
EBIT-%
ROA1.6 %-3.8 %-4.2 %3.5 %7.7 %
ROE27.7 %0.4 %4.0 %2.8 %7.6 %
ROI1.6 %-3.8 %-4.2 %3.8 %8.9 %
Economic value added (EVA)-1 274.01-9 101.97-10 716.81- 813.80- 655.48
Solvency
Equity ratio100.0 %100.0 %100.0 %31.7 %27.1 %
Gearing175.6 %212.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.3
Current ratio1.31.3
Cash and cash equivalents62.0057.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:7.69%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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