FEEDOWE ApS — Credit Rating and Financial Key Figures

CVR number: 73221412
Katrinetoften 16, 7120 Vejle Øst

Company information

Official name
FEEDOWE ApS
Established
1983
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-94.5016.8117.2523.1833.17
EBIT- 158.65-47.34-46.90-40.98-75.05
Net earnings150.08878.76714.011 126.881 595.08
Shareholders equity total5 702.276 470.436 934.447 461.328 997.50
Balance sheet total (assets)5 895.546 821.719 778.708 859.3012 239.89
Net debt- 212.57-1 563.79- 714.36-1 221.64-5 584.82
Profitability
EBIT-%
ROA4.8 %17.5 %15.3 %11.1 %16.4 %
ROE2.6 %14.4 %10.7 %15.7 %19.4 %
ROI4.8 %17.7 %15.6 %11.9 %20.4 %
Economic value added (EVA)- 237.40- 173.81- 119.8072.4748.37
Solvency
Equity ratio96.7 %94.9 %70.9 %84.2 %73.6 %
Gearing2.7 %3.6 %37.9 %5.9 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio38.113.61.92.62.9
Current ratio38.113.61.92.62.9
Cash and cash equivalents363.961 798.033 342.621 663.565 592.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:16.4%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.6%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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