Chocolat Nordic ApS — Credit Rating and Financial Key Figures

Chocolat Nordic ApS (CVR number: 39358166) is a company from GLADSAXE. The company recorded a gross profit of 4297.4 kDKK in 2018. The operating profit was 1693.2 kDKK, while net earnings were 1256.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 96.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.6 %, 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. Chocolat Nordic ApS's liquidity measured by quick ratio was 0.4 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.