Food Folk Danmark Holdings ApS — Credit Rating and Financial Key Figures

CVR number: 38433849
Falkoner Alle 20, 2000 Frederiksberg

Company information

Official name
Food Folk Danmark Holdings ApS
Established
2017
Company form
Private limited company
Industry

About Food Folk Danmark Holdings ApS

Food Folk Danmark Holdings ApS (CVR number: 38433849K) is a company from FREDERIKSBERG. The company reported a net sales of 711.5 mDKK in 2024, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 37 % (EBIT: 263.4 mDKK), while net earnings were 168.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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 Folk Danmark Holdings ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales482.42564.95628.03690.72711.53
Gross profit289.0010.8829.6427.631.45
EBIT176.52216.79251.42276.49263.42
Net earnings98.76154.87171.47169.70168.94
Shareholders equity total608.12762.99934.46554.16653.10
Balance sheet total (assets)2 111.212 212.862 367.332 458.142 733.71
Net debt1 204.521 139.861 114.471 567.691 729.15
Profitability
EBIT-%36.6 %38.4 %40.0 %40.0 %37.0 %
ROA8.5 %11.1 %11.5 %12.4 %11.0 %
ROE17.7 %22.6 %20.2 %22.8 %28.0 %
ROI9.9 %12.9 %13.3 %14.3 %12.6 %
Economic value added (EVA)55.3086.30105.99148.91111.52
Solvency
Equity ratio28.8 %34.5 %39.5 %22.5 %23.9 %
Gearing198.1 %149.4 %119.3 %282.9 %264.8 %
Relative net indebtedness %311.6 %256.6 %228.2 %275.7 %292.4 %
Liquidity
Quick ratio1.71.01.00.70.9
Current ratio1.71.01.00.70.9
Cash and cash equivalents0.30
Capital use efficiency
Trade debtors turnover (days)69.3
Net working capital %22.5 %0.9 %-1.0 %-11.0 %-2.6 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.9%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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