NØRMARK FOOD A/S — Credit Rating and Financial Key Figures

CVR number: 17957635
Englandsvej 7, 7100 Vejle
info@normarkfood.dk
tel: 97184046

Credit rating

Company information

Official name
NØRMARK FOOD A/S
Personnel
24 persons
Established
1994
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit9 966.5411 917.7611 639.7510 616.157 221.40
EBIT258.50193.51765.33- 144.74-2 770.62
Net earnings45.605.08368.03- 299.58-2 307.90
Shareholders equity total5 581.775 586.855 954.885 455.293 147.40
Balance sheet total (assets)15 492.7817 865.6517 565.7317 687.4614 697.01
Net debt5 965.296 032.197 120.916 886.107 393.57
Profitability
EBIT-%
ROA1.9 %1.2 %4.5 %-0.7 %-16.8 %
ROE0.8 %0.1 %6.4 %-5.3 %-53.7 %
ROI2.4 %1.7 %6.1 %-0.9 %-23.2 %
Economic value added (EVA)182.26- 151.64313.37- 412.66-2 435.40
Solvency
Equity ratio36.0 %31.3 %33.9 %30.8 %21.4 %
Gearing112.9 %108.0 %119.6 %126.2 %234.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.60.80.6
Current ratio0.80.70.80.90.8
Cash and cash equivalents336.310.020.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-16.8%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.4%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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