KING FOOD ApS — Credit Rating and Financial Key Figures

CVR number: 35405593
Tonsbakken 3, 2740 Skovlunde
info@king-food.dk
tel: 21900103

Company information

Official name
KING FOOD ApS
Personnel
8 persons
Established
2013
Company form
Private limited company
Industry

About KING FOOD ApS

KING FOOD ApS (CVR number: 35405593) is a company from BALLERUP. The company recorded a gross profit of 15.9 mDKK in 2023. The operating profit was 12.1 mDKK, while net earnings were 9675.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28 %, which can be considered excellent and Return on Equity (ROE) was 40 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KING FOOD ApS's liquidity measured by quick ratio was 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 147.4411 939.3513 899.0413 685.8515 865.17
EBIT10 887.459 641.9011 309.6810 451.9512 129.75
Net earnings8 529.867 278.788 673.518 060.159 675.49
Shareholders equity total17 314.1915 592.9716 266.4819 326.6329 002.12
Balance sheet total (assets)26 153.4325 193.5931 633.6537 835.0050 856.73
Net debt-1 438.07-1 166.431 288.531 510.143 214.81
Profitability
EBIT-%
ROA43.0 %37.6 %39.9 %30.1 %28.0 %
ROE51.5 %44.2 %54.4 %45.3 %40.0 %
ROI57.9 %58.5 %64.9 %50.8 %45.9 %
Economic value added (EVA)7 696.656 632.288 154.307 445.308 540.76
Solvency
Equity ratio66.2 %61.9 %51.4 %51.1 %57.0 %
Gearing18.6 %13.1 %11.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.91.61.72.0
Current ratio2.82.52.02.02.3
Cash and cash equivalents1 438.071 166.431 731.061 014.86134.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:28.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.0%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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

... and more!

No registration needed.