CARMO FOOD Nordic A/S — Credit Rating and Financial Key Figures

CVR number: 37820172
Sundsholmen 12, 9400 Nørresundby

Credit rating

Company information

Official name
CARMO FOOD Nordic A/S
Personnel
35 persons
Established
2016
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About CARMO FOOD Nordic A/S

CARMO FOOD Nordic A/S (CVR number: 37820172) is a company from AALBORG. The company recorded a gross profit of 56.2 mDKK in 2023. The operating profit was 20.7 mDKK, while net earnings were 17.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25 %, which can be considered excellent and Return on Equity (ROE) was 71.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.8 %, 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. CARMO FOOD Nordic A/S's liquidity measured by quick ratio was 1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales481 694.94477 787.44
Gross profit29 909.7935 157.1340 633.4956 178.31
EBIT7 789.5412 797.4218 365.8620 745.57
Net earnings6 178.2910 929.4815 231.3617 380.32
Shareholders equity total29 482.3735 452.0641 861.6424 186.37
Balance sheet total (assets)91 945.21101 227.13108 413.6193 870.38
Net debt5 285.9014 342.9410 030.0018 183.42
Profitability
EBIT-%1.6 %2.7 %
ROA8.4 %14.8 %18.9 %25.0 %
ROE21.2 %33.7 %39.4 %71.9 %
ROI18.6 %33.3 %37.9 %54.3 %
Economic value added (EVA)4 628.398 522.9312 526.46-2 015.7216 160.86
Solvency
Equity ratio32.1 %35.0 %38.6 %25.8 %
Gearing19.9 %40.5 %28.1 %77.3 %
Relative net indebtedness %12.8 %13.6 %
Liquidity
Quick ratio0.81.11.01.0
Current ratio1.41.51.61.3
Cash and cash equivalents586.272.211 747.79507.12
Capital use efficiency
Trade debtors turnover (days)39.452.4
Net working capital %4.7 %6.4 %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:25.0%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

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