NORDIC SEED A/S — Credit Rating and Financial Key Figures

NORDIC SEED A/S (CVR number: 27229379) is a company from SKANDERBORG. The company reported a net sales of 259.9 mDKK in 2023, demonstrating a growth of 7.2 % compared to the previous year. The operating profit percentage was at 6 % (EBIT: 15.6 mDKK), while net earnings were 12.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORDIC SEED A/S's liquidity measured by quick ratio was 2.4 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.