DENCON FOODS 16 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DENCON FOODS 16 ApS
DENCON FOODS 16 ApS (CVR number: 34699135) is a company from HADERSLEV. The company recorded a gross profit of -5 kDKK in 2021. The operating profit was -5 kDKK, while net earnings were -12.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DENCON FOODS 16 ApS's liquidity measured by quick ratio was 4.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1.76 | -5.00 | -5.00 | -5.00 | -5.00 |
| EBIT | 1.76 | -5.00 | -5.00 | -5.00 | -5.00 |
| Net earnings | -2.42 | -6.96 | -8.00 | -9.27 | -12.23 |
| Shareholders equity total | 555.66 | 548.71 | 540.70 | 531.43 | 519.20 |
| Balance sheet total (assets) | 787.31 | 694.75 | 686.19 | 677.04 | 664.64 |
| Net debt | - 701.53 | - 549.94 | - 540.23 | - 531.56 | - 518.13 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.2 % | -0.7 % | -0.7 % | -0.7 % | -0.7 % |
| ROE | -0.4 % | -1.3 % | -1.5 % | -1.7 % | -2.3 % |
| ROI | 0.3 % | -0.8 % | -0.7 % | -0.7 % | -0.8 % |
| Economic value added (EVA) | 14.91 | 7.74 | 3.25 | 3.14 | 3.17 |
| Solvency | |||||
| Equity ratio | 70.6 % | 79.0 % | 78.8 % | 78.5 % | 78.1 % |
| Gearing | 15.4 % | 25.7 % | 26.0 % | 26.5 % | 27.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.4 | 4.8 | 4.7 | 4.6 | 4.6 |
| Current ratio | 3.4 | 4.8 | 4.7 | 4.6 | 4.6 |
| Cash and cash equivalents | 787.31 | 690.99 | 680.72 | 672.17 | 658.57 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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