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GOOD FOOD GROUP HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GOOD FOOD GROUP HOLDING A/S
GOOD FOOD GROUP HOLDING A/S (CVR number: 54664028K) is a company from VEJLE. The company reported a net sales of 1770.4 mDKK in 2025, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 38.2 mDKK), while net earnings were 11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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 HOLDING 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 355.87 | 1 500.64 | 1 598.82 | 1 739.16 | 1 770.42 |
| Gross profit | 271.27 | 222.92 | 308.31 | 314.93 | 343.78 |
| EBIT | 6.87 | -51.06 | 11.35 | -2.08 | 38.25 |
| Net earnings | -4.98 | -56.65 | -12.68 | -22.38 | 11.24 |
| Shareholders equity total | 329.70 | 249.91 | 311.00 | 263.36 | 263.95 |
| Balance sheet total (assets) | 950.90 | 875.93 | 949.87 | 898.34 | 901.52 |
| Net debt | 320.89 | 357.17 | |||
| Profitability | |||||
| EBIT-% | 0.5 % | -3.4 % | 0.7 % | -0.1 % | 2.2 % |
| ROA | 0.7 % | -5.6 % | 1.2 % | 0.2 % | 4.7 % |
| ROE | -1.3 % | -19.5 % | -4.5 % | -7.8 % | 4.3 % |
| ROI | 1.4 % | -13.7 % | 3.5 % | 0.4 % | 6.6 % |
| Economic value added (EVA) | 28.83 | -11.47 | 43.67 | 29.94 | -6.21 |
| Solvency | |||||
| Equity ratio | 17.7 % | 14.3 % | 16.5 % | 29.4 % | 29.3 % |
| Gearing | 133.7 % | 142.5 % | |||
| Relative net indebtedness % | 44.4 % | 41.5 % | 39.6 % | 34.6 % | 34.8 % |
| Liquidity | |||||
| Quick ratio | 1.2 | 1.0 | 1.1 | 0.5 | 0.5 |
| Current ratio | 1.2 | 1.0 | 1.1 | 1.0 | 1.0 |
| Cash and cash equivalents | 31.19 | 18.95 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 54.5 | 52.9 | |||
| Net working capital % | 7.7 % | -1.2 % | 1.9 % | -1.3 % | -1.1 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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