AB CATERING KØBENHAVN A/S
Credit rating
Company information
About AB CATERING KØBENHAVN A/S
AB CATERING KØBENHAVN A/S (CVR number: 13768390) is a company from BRØNDBY. The company reported a net sales of 761.4 mDKK in 2022, demonstrating a growth of 41.7 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 33.1 mDKK), while net earnings were 25.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 65.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.4 %, 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. AB CATERING KØBENHAVN 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 537 203.60 | 761 415.59 | |||
Gross profit | 107 804.37 | 99 022.32 | 134 249.71 | ||
EBIT | 15 983.00 | 24 964.00 | 14 318.85 | 16 562.68 | 33 077.79 |
Net earnings | 11 689.00 | 18 798.00 | 10 925.60 | 12 653.65 | 25 432.43 |
Shareholders equity total | 23 689.00 | 30 798.00 | 30 925.60 | 32 653.65 | 45 432.43 |
Balance sheet total (assets) | 146 217.00 | 146 148.00 | 138 796.01 | 160 181.40 | 179 098.49 |
Net debt | 30 772.00 | 14 057.00 | 8 300.75 | 13 535.66 | 2 066.60 |
Profitability | |||||
EBIT-% | 3.1 % | 4.3 % | |||
ROA | 11.5 % | 17.2 % | 10.2 % | 11.2 % | 19.6 % |
ROE | 48.0 % | 69.0 % | 35.4 % | 39.8 % | 65.1 % |
ROI | 31.6 % | 49.5 % | 32.8 % | 36.6 % | 67.2 % |
Economic value added (EVA) | 11 264.09 | 18 266.56 | 9 611.65 | 11 368.84 | 24 164.73 |
Solvency | |||||
Equity ratio | 16.2 % | 21.1 % | 22.3 % | 20.4 % | 25.4 % |
Gearing | 129.9 % | 45.7 % | 27.0 % | 41.5 % | 4.6 % |
Relative net indebtedness % | 23.7 % | 17.6 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 0.8 | 0.9 | 1.0 |
Current ratio | 1.0 | 1.1 | 1.1 | 1.1 | 1.3 |
Cash and cash equivalents | 7.00 | 5.00 | 34.14 | 15.39 | 1.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.9 | 51.5 | |||
Net working capital % | 3.4 % | 4.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB |
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