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FOODJOY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOODJOY ApS
FOODJOY ApS (CVR number: 29637075) is a company from AALBORG. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a decline of -12.8 % compared to the previous year. The operating profit percentage was poor at -17.4 % (EBIT: -0 mDKK), while net earnings were -32.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41 %, which can be considered poor and Return on Equity (ROE) was -39.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. FOODJOY ApS's liquidity measured by quick ratio was 3.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 407.38 | 468.11 | 358.71 | 276.99 | 241.62 |
| Gross profit | 258.20 | 366.77 | 283.78 | 214.08 | 179.45 |
| EBIT | -65.12 | 46.75 | 16.27 | 6.88 | -42.16 |
| Net earnings | -52.38 | 35.34 | 12.24 | 5.46 | -32.87 |
| Shareholders equity total | 50.77 | 86.11 | 98.34 | 98.99 | 66.12 |
| Balance sheet total (assets) | 113.90 | 165.62 | 112.38 | 121.82 | 83.58 |
| Net debt | -68.19 | - 104.06 | -55.72 | -77.92 | -34.81 |
| Profitability | |||||
| EBIT-% | -16.0 % | 10.0 % | 4.5 % | 2.5 % | -17.4 % |
| ROA | -27.5 % | 33.4 % | 11.7 % | 5.9 % | -41.0 % |
| ROE | -68.1 % | 51.6 % | 13.3 % | 5.5 % | -39.8 % |
| ROI | -84.6 % | 68.3 % | 17.6 % | 7.0 % | -51.0 % |
| Economic value added (EVA) | -55.97 | 33.91 | 8.26 | 0.43 | -37.86 |
| Solvency | |||||
| Equity ratio | 44.6 % | 52.0 % | 87.5 % | 81.3 % | 79.1 % |
| Gearing | |||||
| Relative net indebtedness % | -1.2 % | -5.2 % | -11.6 % | -19.9 % | -7.2 % |
| Liquidity | |||||
| Quick ratio | 1.8 | 1.5 | 5.2 | 4.0 | 3.6 |
| Current ratio | 1.8 | 1.5 | 5.2 | 4.0 | 3.6 |
| Cash and cash equivalents | 68.19 | 104.06 | 55.72 | 77.92 | 34.81 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 27.7 | 5.3 | 4.5 | 1.5 | 9.8 |
| Net working capital % | 12.5 % | 7.7 % | 16.3 % | 24.9 % | 19.1 % |
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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