Food Exchange ApS — Credit Rating and Financial Key Figures

Food Exchange ApS (CVR number: 36921250) is a company from BRØNDBY. The company reported a net sales of 1.9 mDKK in 2018. The operating profit percentage was at 5.3 % (EBIT: 0.1 mDKK), while net earnings were 98.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 263.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -92.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Food Exchange ApS's liquidity measured by quick ratio was 0.1 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.