KING FOOD DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 34879699
Ny Carlsberg Vej 80, 1799 København V
catherine.pittschieler@kingfood.dk
https://www.burgerking.dk/

Credit rating

Company information

Official name
KING FOOD DANMARK A/S
Personnel
691 persons
Established
2012
Company form
Limited company
Industry

About KING FOOD DANMARK A/S

KING FOOD DANMARK A/S (CVR number: 34879699) is a company from KØBENHAVN. The company recorded a gross profit of 111.6 mDKK in 2024. The operating profit was -17.6 mDKK, while net earnings were -21.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -482.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.9 %, 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. KING FOOD DANMARK A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit81 269.00107 689.00105 777.00109 233.36111 609.31
EBIT-5 339.00-8 340.00-24 905.00-16 875.32-17 580.40
Net earnings-4 003.00-12 001.00-21 244.00-20 925.92-21 099.50
Shareholders equity total18 994.006 985.005 852.004 926.433 826.93
Balance sheet total (assets)90 542.0091 407.00121 756.00100 962.2898 319.15
Net debt49 208.8945 768.22
Profitability
EBIT-%
ROA-23.4 %-13.7 %-16.6 %
ROE-331.0 %-388.3 %-482.1 %
ROI-23.4 %-16.7 %-27.7 %
Economic value added (EVA)-5 941.85-9 294.45-25 256.00-17 169.38-20 600.65
Solvency
Equity ratio100.0 %4.9 %3.9 %
Gearing1120.0 %1455.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.5
Current ratio0.60.6
Cash and cash equivalents5 969.289 913.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-16.6%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.89%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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