Food Fight ApS — Credit Rating and Financial Key Figures

CVR number: 38175769
Pilestræde 10, 1112 København K
finance@sovino.dk
tel: 33121345

Credit rating

Company information

Official name
Food Fight ApS
Established
2016
Company form
Private limited company
Industry

About Food Fight ApS

Food Fight ApS (CVR number: 38175769) is a company from KØBENHAVN. The company recorded a gross profit of -129.2 kDKK in 2023. The operating profit was -129.2 kDKK, while net earnings were -21.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -26.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Food Fight ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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- 155.28-40.9533.55-45.50- 129.24
EBIT- 155.28-40.9533.55-45.50- 129.24
Net earnings543.38-6 673.01-4 982.7911.48-21 450.03
Shareholders equity total32 965.1826 292.1821 309.3921 320.87- 129.16
Balance sheet total (assets)168 063.52164 814.76164 378.61151 413.57141 172.27
Net debt134 994.19138 328.69142 892.09130 011.94141 287.88
Profitability
EBIT-%
ROA4.8 %1.0 %0.9 %5.0 %-7.8 %
ROE1.7 %-22.5 %-20.9 %0.1 %-26.4 %
ROI4.8 %1.0 %0.9 %5.0 %-7.8 %
Economic value added (EVA)6 267.036 335.346 460.346 483.496 212.25
Solvency
Equity ratio19.8 %16.3 %13.4 %14.1 %2.8 %
Gearing409.5 %526.2 %670.6 %610.1 %-109393.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.50.40.1
Current ratio0.50.50.50.40.1
Cash and cash equivalents31.120.6470.985.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-7.81%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.75%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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