Food Improve ApS — Credit Rating and Financial Key Figures

CVR number: 39075938
Dyrehavegårdsvej 10, Ganløse 3660 Stenløse
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Company information

Official name
Food Improve ApS
Personnel
1 person
Established
2017
Domicile
Ganløse
Company form
Private limited company
Industry

About Food Improve ApS

Food Improve ApS (CVR number: 39075938) is a company from EGEDAL. The company recorded a gross profit of -14.7 kDKK in 2023. The operating profit was -14.7 kDKK, while net earnings were -14.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13 %, which can be considered poor and Return on Equity (ROE) was -19.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. Food Improve ApS's liquidity measured by quick ratio was 3 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 profit74.9439.8928.7544.26-14.68
EBIT2.87-15.4428.7544.26-14.68
Net earnings1.82-12.4422.1333.56-14.78
Shareholders equity total40.8028.3650.4984.0569.26
Balance sheet total (assets)68.5847.5576.13120.97104.48
Net debt-15.16-27.65-58.53-98.66-82.07
Profitability
EBIT-%
ROA4.6 %-26.6 %46.5 %44.9 %-13.0 %
ROE4.6 %-36.0 %56.1 %49.9 %-19.3 %
ROI5.6 %-32.7 %52.0 %50.8 %-14.8 %
Economic value added (EVA)3.54-12.7723.1435.83-12.83
Solvency
Equity ratio59.5 %59.6 %66.3 %69.5 %66.3 %
Gearing27.3 %49.8 %34.8 %26.5 %32.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.53.03.33.0
Current ratio2.52.53.03.33.0
Cash and cash equivalents26.3241.7976.09120.97104.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-13.0%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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