Feed Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Feed Group ApS
Feed Group ApS (CVR number: 39842114) is a company from FURESØ. The company recorded a gross profit of 233.8 kDKK in 2023. The operating profit was -108.5 kDKK, while net earnings were -104.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -56.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -81.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Feed Group ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.95 | 5.00 | -9.38 | -22.63 | 233.81 |
EBIT | -10.00 | 5.00 | -9.38 | -22.63 | - 108.45 |
Net earnings | - 617.03 | -16.12 | - 379.85 | - 370.59 | - 104.77 |
Shareholders equity total | - 567.03 | - 583.14 | - 962.99 | -1 333.58 | -1 438.35 |
Balance sheet total (assets) | 369.33 | 372.50 | 533.77 | 36.81 | 332.35 |
Net debt | 1 852.68 | 945.61 | 1 482.73 | 1 367.31 | 1 565.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -58.6 % | 1.5 % | -18.0 % | -1.4 % | -6.6 % |
ROE | -167.1 % | -4.3 % | -83.8 % | -129.9 % | -56.8 % |
ROI | -59.2 % | 1.5 % | -18.2 % | -1.4 % | -6.6 % |
Economic value added (EVA) | -10.00 | -2.88 | 30.54 | 27.46 | -8.79 |
Solvency | |||||
Equity ratio | -60.6 % | -61.0 % | -64.3 % | -97.3 % | -81.2 % |
Gearing | -326.7 % | -162.2 % | -154.0 % | -102.8 % | -123.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.7 | 16.1 | 1.0 | 0.2 | 0.6 |
Current ratio | 16.7 | 16.1 | 1.0 | 0.2 | 0.6 |
Cash and cash equivalents | 0.03 | 0.03 | 0.03 | 3.08 | 204.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | B | B | BB |
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