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

NORDIC FOODIE A/S (CVR number: 16004804) is a company from FREDERIKSBERG. The company recorded a gross profit of 619.7 kDKK in 2019. The operating profit was 340.9 kDKK, while net earnings were 332.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 115.1 %, which can be considered excellent and Return on Equity (ROE) was 1033 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -83.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NORDIC FOODIE A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.