EUROPEAN FREEZE DRY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 29 019.00 | 12 734.00 | 16 631.00 | 24 728.64 | 24 736.17 |
EBIT | 3 279.00 | -9 610.00 | -6 450.00 | 494.20 | -1 653.45 |
Net earnings | 6 059.00 | 541.00 | 16.00 | - 348.18 | -5 457.10 |
Shareholders equity total | 46 758.00 | 28 437.00 | 30 297.00 | 28 551.49 | 23 583.29 |
Balance sheet total (assets) | 124 696.00 | 102 205.00 | 110 384.00 | 112 878.09 | 100 956.89 |
Net debt | 71 490.17 | 69 950.51 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | -8.5 % | -6.1 % | 2.3 % | 0.1 % |
ROE | 11.4 % | 1.4 % | 0.1 % | -1.2 % | -20.9 % |
ROI | 2.5 % | -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 ratio | 100.0 % | 100.0 % | 100.0 % | 25.3 % | 23.4 % |
Gearing | 252.2 % | 296.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.1 | 4.1 | |||
Current ratio | 8.8 | 6.1 | |||
Cash and cash equivalents | 519.89 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
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