FOODCON HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOODCON HOLDING A/S
FOODCON HOLDING A/S (CVR number: 24213323) is a company from ODENSE. The company recorded a gross profit of -56.5 kDKK in 2021. The operating profit was -56.5 kDKK, while net earnings were 65 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOODCON HOLDING A/S's liquidity measured by quick ratio was 54.8 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -62.88 | -75.43 | -71.05 | -52.00 | -56.54 |
EBIT | -62.88 | -75.43 | -71.05 | -52.00 | -56.54 |
Net earnings | 76.06 | - 127.79 | 173.71 | 35.82 | 65.04 |
Shareholders equity total | 3 570.98 | 3 123.56 | 2 649.27 | 2 021.49 | 1 408.53 |
Balance sheet total (assets) | 3 580.98 | 3 133.55 | 2 664.52 | 2 031.51 | 1 434.73 |
Net debt | -3 573.09 | -2 983.72 | -2 664.52 | -2 025.15 | -1 434.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.8 % | 0.3 % | 7.7 % | 2.9 % | 4.8 % |
ROE | 2.2 % | -3.8 % | 6.0 % | 1.5 % | 3.8 % |
ROI | 2.8 % | 0.3 % | 7.7 % | 2.9 % | 4.9 % |
Economic value added (EVA) | -48.63 | -58.73 | -62.43 | -39.76 | -43.93 |
Solvency | |||||
Equity ratio | 99.7 % | 99.7 % | 99.4 % | 99.5 % | 98.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 358.1 | 313.4 | 174.6 | 202.7 | 54.8 |
Current ratio | 358.1 | 313.4 | 174.6 | 202.7 | 54.8 |
Cash and cash equivalents | 3 573.09 | 2 983.72 | 2 664.52 | 2 025.15 | 1 434.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
Variable visualization
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