TASTY BRANDS ApS — Credit Rating and Financial Key Figures

CVR number: 13621470
Masnedøvej 24 B, 4760 Vordingborg
tasty.brands@tasty-brands.dk
tel: 56314997

Credit rating

Company information

Official name
TASTY BRANDS ApS
Personnel
2 persons
Established
1989
Company form
Private limited company
Industry

About TASTY BRANDS ApS

TASTY BRANDS ApS (CVR number: 13621470) is a company from VORDINGBORG. The company recorded a gross profit of 1378.1 kDKK in 2024. The operating profit was 299.9 kDKK, while net earnings were 245.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. TASTY BRANDS ApS's liquidity measured by quick ratio was 1.5 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
2021
2022
2023
2024
Volume
Net sales
Gross profit1 668.211 386.611 132.981 652.451 378.12
EBIT482.39110.28- 141.91112.46299.92
Net earnings350.8886.87- 107.6260.47245.62
Shareholders equity total3 293.113 379.983 272.363 332.833 478.46
Balance sheet total (assets)6 397.396 371.164 702.034 782.615 321.70
Net debt-1 671.65-1 753.80-1 409.93-2 026.72-1 180.11
Profitability
EBIT-%
ROA8.4 %2.0 %-2.3 %2.5 %6.3 %
ROE11.3 %2.6 %-3.2 %1.8 %7.2 %
ROI14.0 %3.6 %-3.8 %3.6 %9.3 %
Economic value added (EVA)233.0214.06- 193.71-15.04173.00
Solvency
Equity ratio51.5 %53.1 %69.6 %69.7 %65.4 %
Gearing6.6 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.72.12.11.5
Current ratio2.02.13.33.32.9
Cash and cash equivalents1 887.441 754.711 409.932 026.721 180.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.27%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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