EUROPEAN FREEZE DRY ApS — Credit Rating and Financial Key Figures

CVR number: 25312279
Karlebyvej 81, Lille Karleby 4070 Kirke Hyllinge

Credit rating

Company information

Official name
EUROPEAN FREEZE DRY ApS
Personnel
33 persons
Established
2000
Domicile
Lille Karleby
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About EUROPEAN FREEZE DRY ApS

EUROPEAN FREEZE DRY ApS (CVR number: 25312279) is a company from LEJRE. The company recorded a gross profit of 24.7 mDKK in 2023. The operating profit was -1653.4 kDKK, while net earnings were -5457.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -20.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.4 %, 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. EUROPEAN FREEZE DRY ApS's liquidity measured by quick ratio was 4.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit29 019.0012 734.0016 631.0024 728.6424 736.17
EBIT3 279.00-9 610.00-6 450.00494.20-1 653.45
Net earnings6 059.00541.0016.00- 348.18-5 457.10
Shareholders equity total46 758.0028 437.0030 297.0028 551.4923 583.29
Balance sheet total (assets)124 696.00102 205.00110 384.00112 878.09100 956.89
Net debt71 490.1769 950.51
Profitability
EBIT-%
ROA2.4 %-8.5 %-6.1 %2.3 %0.1 %
ROE11.4 %1.4 %0.1 %-1.2 %-20.9 %
ROI2.5 %-8.5 %-6.1 %1.8 %0.0 %
Economic value added (EVA)-2 374.75-11 959.59-7 878.96-1 137.18-1 988.49
Solvency
Equity ratio100.0 %100.0 %100.0 %25.3 %23.4 %
Gearing252.2 %296.6 %
Relative net indebtedness %
Liquidity
Quick ratio6.14.1
Current ratio8.86.1
Cash and cash equivalents519.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:0.06%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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