NOBEL FOOD ApS — Credit Rating and Financial Key Figures

NOBEL FOOD ApS (CVR number: 33964935) is a company from MIDDELFART. The company recorded a gross profit of 206.8 kDKK in 2023. The operating profit was 149 kDKK, while net earnings were 92.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 25.2 %, 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. NOBEL FOOD ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.