Local Food ApS — Credit Rating and Financial Key Figures

Local Food ApS (CVR number: 42402842) is a company from VARDE. The company recorded a gross profit of 20.7 kDKK in 2023. The operating profit was -36.2 kDKK, while net earnings were -36.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.7 %, which can be considered poor and Return on Equity (ROE) was -23.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Local Food ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.