GOOD FOOD GROUP A/S — Credit Rating and Financial Key Figures

GOOD FOOD GROUP A/S (CVR number: 54664028K) is a company from VEJLE. The company reported a net sales of 1598.8 mDKK in 2023, demonstrating a growth of 6.5 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 11.4 mDKK), while net earnings were -12.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GOOD FOOD GROUP A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.