CHOKOLAND A/S

CVR number: 21633119
Kjeldsmarkvej 3, 7600 Struer
tel: 97854412

Credit rating

Company information

Official name
CHOKOLAND A/S
Personnel
87 persons
Established
1950
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About CHOKOLAND A/S

CHOKOLAND A/S (CVR number: 21633119) is a company from STRUER. The company reported a net sales of 1678.8 mDKK in 2022, demonstrating a growth of 3.9 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 17.7 mDKK), while net earnings were 13.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. CHOKOLAND A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20182019202020212022
Volume
Net sales1 460.871 418.631 451.051 616.461 678.81
Gross profit58.0755.0143.1556.4361.23
EBIT19.8915.465.5316.3117.71
Net earnings15.5512.184.5612.6813.65
Shareholders equity total76.3973.5766.1474.8175.46
Balance sheet total (assets)219.88438.46251.03238.79233.00
Net debt-12.94-2.9522.50-17.898.37
Profitability
EBIT-%1.4 %1.1 %0.4 %1.0 %1.1 %
ROA9.4 %5.1 %2.1 %7.2 %7.7 %
ROE19.9 %16.2 %6.5 %18.0 %18.2 %
ROI19.6 %15.3 %6.1 %16.4 %18.5 %
Economic value added (EVA)12.9810.342.3410.9111.52
Solvency
Equity ratio34.7 %16.8 %26.3 %31.3 %32.4 %
Gearing38.3 %42.9 %78.7 %15.1 %36.8 %
Relative net indebtedness %6.9 %23.2 %10.7 %8.3 %8.2 %
Liquidity
Quick ratio1.10.51.01.01.0
Current ratio1.51.21.31.41.4
Cash and cash equivalents42.1934.4929.5929.2219.43
Capital use efficiency
Trade debtors turnover (days)23.820.225.225.924.8
Net working capital %4.6 %4.6 %4.2 %4.2 %4.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.74%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.4%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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