DOLE NORDIC A/S

DOLE NORDIC A/S (CVR number: 29778108K) is a company from KØGE. The company reported a net sales of 1072.4 mDKK in 2023, demonstrating a decline of -4.4 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 6.7 mDKK), while net earnings were 6321 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. DOLE NORDIC A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.