Chorizo ApS — Credit Rating and Financial Key Figures

CVR number: 40115676
Funder Bygade 45, 8600 Silkeborg

Credit rating

Company information

Official name
Chorizo ApS
Established
2018
Company form
Private limited company
Industry

About Chorizo ApS

Chorizo ApS (CVR number: 40115676) is a company from SILKEBORG. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -15.3 % compared to the previous year. The operating profit percentage was at 97.7 % (EBIT: 0.5 mDKK), while net earnings were 488.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 28.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Chorizo ApS's liquidity measured by quick ratio was 6.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales287.00845.001 159.00588.00498.16
Gross profit273.00835.001 150.00576.00486.69
EBIT273.00835.001 150.00576.00486.69
Net earnings225.00802.001 143.00576.00488.39
Shareholders equity total275.00777.001 670.001 596.001 884.96
Balance sheet total (assets)1 292.001 304.001 701.001 642.001 930.35
Net debt748.00214.00- 451.00- 763.00- 310.35
Profitability
EBIT-%95.1 %98.8 %99.2 %98.0 %97.7 %
ROA21.1 %64.3 %76.5 %34.7 %27.3 %
ROE81.8 %152.5 %93.4 %35.3 %28.1 %
ROI25.6 %79.1 %84.7 %35.5 %28.1 %
Economic value added (EVA)273.00781.481 097.49492.08406.49
Solvency
Equity ratio21.3 %59.6 %98.2 %97.2 %97.6 %
Gearing287.3 %34.5 %
Relative net indebtedness %339.7 %56.0 %-36.2 %-121.9 %-53.2 %
Liquidity
Quick ratio0.20.114.521.56.8
Current ratio0.20.114.521.56.8
Cash and cash equivalents42.0054.00451.00763.00310.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-64.5 %-56.0 %36.2 %160.0 %53.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:27.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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