Food Equipment Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Food Equipment Group A/S
Food Equipment Group A/S (CVR number: 39893932) is a company from AALBORG. The company reported a net sales of 2.1 mDKK in 2024, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was poor at -73.7 % (EBIT: -1.5 mDKK), while net earnings were -86.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -22.9 %, which can be considered poor and Return on Equity (ROE) was -29.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Food Equipment Group A/S's liquidity measured by quick ratio was 247.2 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 financials2020 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 2 035.00 | 2 072.00 | |
Gross profit | -2 313.00 | 1 240.00 | |
EBIT | -6 030.00 | -1 528.00 | |
Net earnings | -17 944.00 | -86 778.00 | |
Shareholders equity total | 337 529.00 | 254 625.00 | |
Balance sheet total (assets) | 395 858.00 | 323 896.00 | |
Net debt | 52 313.00 | 67 937.00 | |
Profitability | |||
EBIT-% | -296.3 % | -73.7 % | |
ROA | -4.5 % | -22.9 % | |
ROE | -5.3 % | -29.3 % | |
ROI | -4.5 % | -23.0 % | |
Economic value added (EVA) | -13 384.09 | -4 703.17 | -20 968.12 |
Solvency | |||
Equity ratio | 85.3 % | 78.6 % | |
Gearing | 16.8 % | 26.7 % | |
Relative net indebtedness % | 2643.2 % | 3342.4 % | |
Liquidity | |||
Quick ratio | 130.4 | 247.2 | |
Current ratio | 130.4 | 247.2 | |
Cash and cash equivalents | 4 540.00 | 17.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 2600.9 % | 2971.1 % | |
Credit risk | |||
Credit rating | A | BBB |
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