KAREMA FOODS A/S — Credit Rating and Financial Key Figures

CVR number: 16840084
Tværvejen 1, Asperup Mark 5580 Nørre Aaby
tel: 43452402

Company information

Official name
KAREMA FOODS A/S
Personnel
6 persons
Established
1993
Domicile
Asperup Mark
Company form
Limited company
Industry

About KAREMA FOODS A/S

KAREMA FOODS A/S (CVR number: 16840084) is a company from MIDDELFART. The company recorded a gross profit of 1701.5 kDKK in 2024. The operating profit was -891.2 kDKK, while net earnings were -969 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.6 %, which can be considered poor and Return on Equity (ROE) was -30.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KAREMA FOODS A/S's liquidity measured by quick ratio was 0.4 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 924.351 662.782 029.301 638.471 701.45
EBIT331.30- 178.54486.85- 104.33- 891.16
Net earnings217.02- 177.33241.63- 292.22- 968.97
Shareholders equity total1 469.45392.12633.75341.53- 627.44
Balance sheet total (assets)9 023.277 833.167 412.375 898.386 094.23
Net debt1 852.16992.623 596.122 177.523 661.71
Profitability
EBIT-%
ROA3.6 %-1.8 %6.8 %-0.6 %-14.6 %
ROE6.6 %-19.1 %47.1 %-59.9 %-30.1 %
ROI6.7 %-6.0 %18.3 %-1.2 %-29.8 %
Economic value added (EVA)-80.50- 310.29306.79- 300.70- 829.51
Solvency
Equity ratio16.3 %5.0 %8.5 %5.8 %-9.3 %
Gearing132.1 %253.2 %567.5 %637.7 %-583.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.60.50.4
Current ratio1.21.11.11.10.9
Cash and cash equivalents89.120.300.300.300.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-14.6%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-9.33%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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