Food Equipment Holdco A/S — Credit Rating and Financial Key Figures

CVR number: 39894327
Mineralvej 6, 9220 Aalborg Øst
tel: 98242624

Credit rating

Company information

Official name
Food Equipment Holdco A/S
Established
2018
Company form
Limited company
Industry

About Food Equipment Holdco A/S

Food Equipment Holdco A/S (CVR number: 39894327) is a company from AALBORG. The company recorded a gross profit of 2596 kDKK in 2024. The operating profit was 654 kDKK, while net earnings were -84.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.1 %, which can be considered poor and Return on Equity (ROE) was -27.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49 %, 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. Food Equipment Holdco A/S's liquidity measured by quick ratio was 0.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 539.00786.00257.00715.002 596.00
EBIT- 319.00- 977.00-2 066.00-1 143.00654.00
Net earnings-7 856.00-21 331.00- 119 288.00-13 818.00-84 311.00
Shareholders equity total257 117.00237 395.00362 263.00342 523.00262 086.00
Balance sheet total (assets)434 032.00387 490.00744 675.00597 895.00535 045.00
Net debt169 392.00127 685.00329 158.00254 028.00272 168.00
Profitability
EBIT-%
ROA-0.5 %-3.4 %-19.5 %-0.3 %-12.1 %
ROE-3.0 %-8.6 %-39.8 %-3.9 %-27.9 %
ROI-0.5 %-3.4 %-19.6 %-0.3 %-12.1 %
Economic value added (EVA)-23 391.82-22 518.85-21 107.36-38 171.31-29 424.92
Solvency
Equity ratio59.2 %61.3 %48.6 %57.3 %49.0 %
Gearing68.3 %63.1 %104.8 %74.2 %103.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.32.30.40.40.3
Current ratio0.32.30.40.40.3
Cash and cash equivalents6 193.0022 225.0050 463.0093.0098.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-12.1%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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