Food Innovation House ApS — Credit Rating and Financial Key Figures

CVR number: 36686502
Lysholt Allé 3, 7100 Vejle
tel: 49288888

Credit rating

Company information

Official name
Food Innovation House ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About Food Innovation House ApS

Food Innovation House ApS (CVR number: 36686502) is a company from VEJLE. The company recorded a gross profit of 2025 kDKK in 2021. The operating profit was 4102 kDKK, while net earnings were 3315 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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. Food Innovation House ApS's liquidity measured by quick ratio was 0.1 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit- 918.00-8.001 630.002 475.002 025.00
EBIT- 977.00-1 885.00-1 020.001 511.004 102.00
Net earnings- 858.00-2 244.00-1 880.00587.003 315.00
Shareholders equity total21 123.0018 880.0016 999.006 377.0014 692.00
Balance sheet total (assets)54 501.0056 748.0055 814.0046 924.0047 665.00
Net debt20 763.0036 935.0037 494.0037 243.0031 498.00
Profitability
EBIT-%
ROA-2.5 %-3.4 %-1.8 %2.9 %8.7 %
ROE-4.0 %-11.2 %-10.5 %5.0 %31.5 %
ROI-2.8 %-3.6 %-1.8 %3.0 %9.0 %
Economic value added (EVA)- 791.52-2 375.83-3 491.70- 773.842 184.02
Solvency
Equity ratio38.8 %33.3 %30.5 %13.6 %30.8 %
Gearing124.8 %195.6 %220.6 %613.2 %214.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.10.40.1
Current ratio0.40.20.10.40.1
Cash and cash equivalents5 596.001 858.0077.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:8.72%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.8%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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