NØRMARK FOOD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NØRMARK FOOD A/S
NØRMARK FOOD A/S (CVR number: 17957635) is a company from VEJLE. The company recorded a gross profit of 7221.4 kDKK in 2020. The operating profit was -2770.6 kDKK, while net earnings were -2307.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.8 %, which can be considered poor and Return on Equity (ROE) was -53.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.4 %, 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. NØRMARK FOOD A/S's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 966.54 | 11 917.76 | 11 639.75 | 10 616.15 | 7 221.40 |
EBIT | 258.50 | 193.51 | 765.33 | - 144.74 | -2 770.62 |
Net earnings | 45.60 | 5.08 | 368.03 | - 299.58 | -2 307.90 |
Shareholders equity total | 5 581.77 | 5 586.85 | 5 954.88 | 5 455.29 | 3 147.40 |
Balance sheet total (assets) | 15 492.78 | 17 865.65 | 17 565.73 | 17 687.46 | 14 697.01 |
Net debt | 5 965.29 | 6 032.19 | 7 120.91 | 6 886.10 | 7 393.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.9 % | 1.2 % | 4.5 % | -0.7 % | -16.8 % |
ROE | 0.8 % | 0.1 % | 6.4 % | -5.3 % | -53.7 % |
ROI | 2.4 % | 1.7 % | 6.1 % | -0.9 % | -23.2 % |
Economic value added (EVA) | 182.26 | - 151.64 | 313.37 | - 412.66 | -2 435.40 |
Solvency | |||||
Equity ratio | 36.0 % | 31.3 % | 33.9 % | 30.8 % | 21.4 % |
Gearing | 112.9 % | 108.0 % | 119.6 % | 126.2 % | 234.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.6 | 0.8 | 0.6 |
Current ratio | 0.8 | 0.7 | 0.8 | 0.9 | 0.8 |
Cash and cash equivalents | 336.31 | 0.02 | 0.02 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | BBB |
Variable visualization
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