FEEDOWE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FEEDOWE ApS
FEEDOWE ApS (CVR number: 73221412) is a company from VEJLE. The company recorded a gross profit of 33.2 kDKK in 2023. The operating profit was -75 kDKK, while net earnings were 1595.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FEEDOWE ApS's liquidity measured by quick ratio was 2.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -94.50 | 16.81 | 17.25 | 23.18 | 33.17 |
EBIT | - 158.65 | -47.34 | -46.90 | -40.98 | -75.05 |
Net earnings | 150.08 | 878.76 | 714.01 | 1 126.88 | 1 595.08 |
Shareholders equity total | 5 702.27 | 6 470.43 | 6 934.44 | 7 461.32 | 8 997.50 |
Balance sheet total (assets) | 5 895.54 | 6 821.71 | 9 778.70 | 8 859.30 | 12 239.89 |
Net debt | - 212.57 | -1 563.79 | - 714.36 | -1 221.64 | -5 584.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 17.5 % | 15.3 % | 11.1 % | 16.4 % |
ROE | 2.6 % | 14.4 % | 10.7 % | 15.7 % | 19.4 % |
ROI | 4.8 % | 17.7 % | 15.6 % | 11.9 % | 20.4 % |
Economic value added (EVA) | - 237.40 | - 173.81 | - 119.80 | 72.47 | 48.37 |
Solvency | |||||
Equity ratio | 96.7 % | 94.9 % | 70.9 % | 84.2 % | 73.6 % |
Gearing | 2.7 % | 3.6 % | 37.9 % | 5.9 % | 0.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 38.1 | 13.6 | 1.9 | 2.6 | 2.9 |
Current ratio | 38.1 | 13.6 | 1.9 | 2.6 | 2.9 |
Cash and cash equivalents | 363.96 | 1 798.03 | 3 342.62 | 1 663.56 | 5 592.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | AA | A |
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