Fresh Out The Oven ApS — Credit Rating and Financial Key Figures

CVR number: 39311895
Strandgade 93, 1401 København K

Credit rating

Company information

Official name
Fresh Out The Oven ApS
Personnel
96 persons
Established
2018
Company form
Private limited company
Industry

About Fresh Out The Oven ApS

Fresh Out The Oven ApS (CVR number: 39311895) is a company from KØBENHAVN. The company recorded a gross profit of 13.9 mDKK in 2023. The operating profit was -4065.5 kDKK, while net earnings were -5060 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.5 %, which can be considered poor and Return on Equity (ROE) was -22.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -16.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fresh Out The Oven ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit6 107.508 791.5712 101.1813 219.8613 905.54
EBIT-1 137.95841.041 925.302 208.04-4 065.53
Net earnings-1 808.17140.311 416.991 459.29-5 060.02
Shareholders equity total-3 848.96-3 708.65-2 291.66- 832.37-5 892.39
Balance sheet total (assets)13 105.4413 663.4015 953.8916 697.0428 887.32
Net debt2 157.38980.00148.74596.4524 570.84
Profitability
EBIT-%
ROA-6.9 %4.9 %10.8 %12.3 %-15.5 %
ROE-13.2 %1.0 %9.6 %8.9 %-22.2 %
ROI-11.1 %5.8 %13.2 %24.0 %-28.2 %
Economic value added (EVA)-1 021.971 113.542 533.582 485.43-3 474.86
Solvency
Equity ratio-22.7 %-21.3 %-12.6 %-4.7 %-16.9 %
Gearing-96.9 %-91.6 %-147.4 %-417.9 %-429.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.91.32.70.8
Current ratio0.71.01.42.91.1
Cash and cash equivalents1 574.032 416.713 228.532 882.30759.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-15.5%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-16.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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