Food Equipment Group A/S — Credit Rating and Financial Key Figures

CVR number: 39893932
Mineralvej 6, 9220 Aalborg Øst
adm@carsoe.com
tel: 98242624

Credit rating

Company information

Official name
Food Equipment Group A/S
Established
2018
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2023
2024
Volume
Net sales2 035.002 072.00
Gross profit-2 313.001 240.00
EBIT-6 030.00-1 528.00
Net earnings-17 944.00-86 778.00
Shareholders equity total337 529.00254 625.00
Balance sheet total (assets)395 858.00323 896.00
Net debt52 313.0067 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 ratio85.3 %78.6 %
Gearing16.8 %26.7 %
Relative net indebtedness %2643.2 %3342.4 %
Liquidity
Quick ratio130.4247.2
Current ratio130.4247.2
Cash and cash equivalents4 540.0017.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %2600.9 %2971.1 %
Credit risk
Credit ratingABBB

Variable visualization

ROA:-22.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.