NORDENS BRØD ApS — Credit Rating and Financial Key Figures

CVR number: 35515542
Kirstinehøj 2-10, 2770 Kastrup

Credit rating

Company information

Official name
NORDENS BRØD ApS
Personnel
55 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About NORDENS BRØD ApS

NORDENS BRØD ApS (CVR number: 35515542) is a company from TÅRNBY. The company recorded a gross profit of 28.9 mDKK in 2024. The operating profit was 2565.5 kDKK, while net earnings were 1446.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 49.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.6 %, 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. NORDENS BRØD ApS's liquidity measured by quick ratio was 2.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit19 078.0519 727.7920 829.3833 641.8528 886.85
EBIT942.271 755.16-4 326.003 675.982 565.48
Net earnings478.641 172.83-3 770.782 226.841 446.44
Shareholders equity total3 771.744 344.57-26.212 200.623 647.07
Balance sheet total (assets)16 651.1418 309.7126 602.6627 950.3928 951.93
Net debt5 328.837 598.8621 457.5217 452.7017 682.05
Profitability
EBIT-%
ROA5.5 %10.0 %-19.3 %13.6 %9.4 %
ROE12.5 %28.9 %-24.4 %15.5 %49.5 %
ROI7.2 %14.2 %-25.0 %16.9 %11.5 %
Economic value added (EVA)581.441 313.50-3 547.922 887.102 015.28
Solvency
Equity ratio22.7 %23.7 %-0.1 %7.9 %12.6 %
Gearing212.1 %195.4 %-83268.9 %906.2 %562.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.32.42.42.9
Current ratio3.32.95.44.65.5
Cash and cash equivalents2 671.17889.16368.922 488.672 817.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:9.40%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.6%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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