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My Glutenfree Bakery ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About My Glutenfree Bakery ApS
My Glutenfree Bakery ApS (CVR number: 36962089) is a company from MARIAGERFJORD. The company recorded a gross profit of 2118.9 kDKK in 2024. The operating profit was -369.8 kDKK, while net earnings were -305.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. My Glutenfree Bakery ApS's liquidity measured by quick ratio was 1.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 278.99 | 167.94 | - 333.98 | 759.27 | 2 118.85 |
| EBIT | 111.60 | - 286.93 | -2 237.48 | -1 346.24 | - 369.85 |
| Net earnings | 73.22 | - 286.35 | -1 806.48 | -1 110.19 | - 305.23 |
| Shareholders equity total | 298.13 | 311.78 | 1 505.30 | 2 395.11 | 2 089.88 |
| Balance sheet total (assets) | 808.95 | 1 098.26 | 2 599.99 | 3 394.60 | 3 579.90 |
| Net debt | - 429.18 | 258.13 | 700.74 | -41.47 | 283.35 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.2 % | -30.1 % | -120.1 % | -44.9 % | -10.6 % |
| ROE | 28.0 % | -93.9 % | -198.8 % | -56.9 % | -13.6 % |
| ROI | 41.3 % | -51.1 % | -145.0 % | -54.4 % | -14.1 % |
| Economic value added (EVA) | 74.77 | - 293.68 | -1 722.53 | -1 156.99 | - 454.48 |
| Solvency | |||||
| Equity ratio | 36.9 % | 28.4 % | 57.9 % | 60.0 % | 46.4 % |
| Gearing | 161.9 % | 52.3 % | 10.9 % | 22.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.3 | 0.8 | 1.5 | 1.2 |
| Current ratio | 1.4 | 0.6 | 1.0 | 1.8 | 1.7 |
| Cash and cash equivalents | 429.18 | 246.67 | 86.79 | 301.38 | 183.39 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | B | B | BB |
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