ESS-FOOD A/S

CVR number: 73599318
Vesterbrogade 4 A, 1620 København V
tel: 43469999

Credit rating

Company information

Official name
ESS-FOOD A/S
Established
1984
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ESS-FOOD A/S

ESS-FOOD A/S (CVR number: 73599318) is a company from KØBENHAVN. The company reported a net sales of 5282.4 mDKK in 2022, demonstrating a growth of 17.4 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 66.7 mDKK), while net earnings were 41.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 32.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ESS-FOOD A/S'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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20182019202020212022
Volume
Net sales4 278.024 423.684 471.234 497.745 282.42
Gross profit160.10153.85170.33188.50202.16
EBIT52.0332.8954.8168.7566.75
Net earnings26.23-5.96-11.5241.8241.92
Shareholders equity total130.0595.2385.46124.46136.72
Balance sheet total (assets)705.50710.12509.00712.26947.14
Net debt278.74309.14126.38249.75373.24
Profitability
EBIT-%1.2 %0.7 %1.2 %1.5 %1.3 %
ROA7.4 %1.9 %1.8 %10.8 %8.4 %
ROE17.0 %-5.3 %-12.7 %39.8 %32.1 %
ROI13.9 %3.2 %3.3 %20.1 %14.8 %
Economic value added (EVA)31.1319.1838.4849.0645.81
Solvency
Equity ratio18.4 %13.4 %16.8 %17.5 %14.4 %
Gearing214.5 %324.7 %148.0 %200.7 %273.0 %
Relative net indebtedness %13.0 %13.4 %8.8 %12.4 %14.8 %
Liquidity
Quick ratio1.21.11.21.21.2
Current ratio1.31.21.31.31.2
Cash and cash equivalents0.180.130.110.080.06
Capital use efficiency
Trade debtors turnover (days)48.550.038.953.260.3
Net working capital %3.4 %2.3 %2.4 %3.3 %2.9 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:8.44%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.4%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.