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

CVR number: 31369347
Assensvej 217, Bellinge 5250 Odense SV

Company information

Official name
Nordic Greens Økologi A/S
Established
2008
Domicile
Bellinge
Company form
Limited company
Industry

About Nordic Greens Økologi A/S

Nordic Greens Økologi A/S (CVR number: 31369347) is a company from ODENSE. The company recorded a gross profit of 37.5 mDKK in 2023. The operating profit was -133 kDKK, while net earnings were -1757.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Greens Økologi A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit26 547.3937 459.9929 335.0737 934.5437 474.63
EBIT-4 887.137 376.91-7 810.582 194.26- 133.04
Net earnings-3 764.974 779.77-7 193.43- 349.58-1 757.11
Shareholders equity total684.395 464.1613 270.7312 921.1511 164.04
Balance sheet total (assets)64 803.7959 723.6379 863.1169 830.6266 235.16
Net debt54 445.7150 277.45
Profitability
EBIT-%
ROA-7.5 %11.8 %-11.2 %2.9 %-0.1 %
ROE-146.7 %155.5 %-76.8 %-2.7 %-14.6 %
ROI-7.8 %11.8 %-11.2 %3.0 %-0.2 %
Economic value added (EVA)-7 174.177 342.52-8 085.161 044.63-2 931.00
Solvency
Equity ratio100.0 %100.0 %100.0 %18.5 %16.9 %
Gearing421.4 %450.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.7
Current ratio0.80.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:-0.15%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.9%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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