FOOD SOLUTIONS A/S — Credit Rating and Financial Key Figures

CVR number: 28115687
Stavneagervej 22, 8250 Egå
tel: 70226229

Credit rating

Company information

Official name
FOOD SOLUTIONS A/S
Personnel
17 persons
Established
2004
Company form
Limited company
Industry

About FOOD SOLUTIONS A/S

FOOD SOLUTIONS A/S (CVR number: 28115687) is a company from AARHUS. The company recorded a gross profit of 7674 kDKK in 2024. The operating profit was 786.1 kDKK, while net earnings were 301.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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. FOOD SOLUTIONS A/S's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 348.004 987.445 299.726 749.797 674.05
EBIT-1 295.86-93.39-46.851 082.06786.11
Net earnings-1 198.56- 171.46- 247.19574.04301.75
Shareholders equity total2 706.282 534.822 287.632 861.673 163.42
Balance sheet total (assets)14 351.2417 744.7714 621.7813 908.1314 424.69
Net debt1 891.702 603.245 367.913 545.084 179.85
Profitability
EBIT-%
ROA-8.6 %-0.6 %-0.3 %7.6 %5.6 %
ROE-36.3 %-6.5 %-10.3 %22.3 %10.0 %
ROI-17.8 %-1.6 %-0.6 %14.9 %11.0 %
Economic value added (EVA)-1 324.09- 211.40- 216.45553.43276.37
Solvency
Equity ratio18.9 %14.3 %15.7 %20.6 %21.9 %
Gearing69.9 %185.1 %235.1 %123.9 %136.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.60.60.7
Current ratio0.61.00.80.90.9
Cash and cash equivalents2 088.689.42135.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:5.56%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer

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